Barron's This Week Magazine - Aug 01, 2009IBM (Networking Hardware)
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Kunihiko Kanno
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Credit SuisseThen in August of 2008, Ricoh purchased Ikon Office Solutions, a key distributor of copiers and printers for Ricoh's better known rival, Canon.
"The IBM purchase provides Ricoh with a solid foothold from which to launch further products in the high volume document market," says Kunihiko Kanno, an analyst who follows Ricoh for Credit Suisse in Tokyo. "Digital commercial printers are used to print big documents such as product manuals and direct mail quickly and in large volumes," he adds. "This is one of the fastest growing segments of the office equipment market," he says.
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Then in August of 2008, Ricoh purchased Ikon Office Solutions, a key distributor of copiers and printers for Ricoh's better known rival, Canon. <span class="sent"> "The <span class="company">IBM</span> purchase provides Ricoh with a solid foothold from which to launch further products in the high volume document market," says <span class="analyst">Kunihiko Kanno</span>, an analyst who follows Ricoh for Credit Suisse in Tokyo. </span> "Digital commercial printers are used to print big documents such as product manuals and direct mail quickly and in large volumes," he adds. "This is one of the fastest growing segments of the office equipment market," he says.
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