OEM aims to create “world’s most innovative and comprehensive printing solutions business” by merging divisions in Europe.
Toshiba Tec announced the merger of its MFP division and barcode printing (BCP) division in Europe in order to meet the demands for growth-oriented companies, with the move said to create “the most innovative and comprehensive Printing Solutions Business in the world”, allowing its customers to drive profitable growth through a combination of choice and flexibility.
The enhanced Toshiba Tec Printing Solutions Division is said by the company to offer “the most diverse business portfolio in the industry”, offering “innovative high-quality products, world-class R&D capabilities,[and] commitment to customers”.
By merging the two divisions, Toshiba stated that the combined portfolio will bring “product development capabilities and robust pipelines from the two organisations, as well as potential for technology convergence” across the company, “global reach” to more enterprises worldwide in both developed and emerging markets, and “renowned leadership and expertise in Business Printing Automation”, in particular to the retail, education, transport and logistics, business services, and manufacturing industries.
Toshifumi Matsumoto, Deputy Managing Director of Global Solutions Business Group, Toshiba Tec, said: “The new MFP and BCP combination presents a significant opportunity to jointly bring our hardware and software products, services and customer support to the next level. The business models of our customers are being reshaped in light of the ongoing digital transformation and growing demand for ecological solutions. Toshiba Tec is leading the way to overcome all barriers and make innovation happen.”
The transition process at the Toshiba Printing Solutions Business division is expected to be officially completed by 31 March 2015.