Canon launches takeover bid for Belgium's I.R.I.S.

Sep 18, 2012

Japanese camera maker Canon has launched a bid to acquire Belgian firm I.R.I.S., which specialises in electronic management of documents, Belgium's stock market regulator FSMA said Tuesday.

The Japanese group is offering the Belgian company 44.40 euros per share.

The I.R.I.S. posted revenues of 121 million euros in 2011 and employs 500 people.

Explore further: CommScope buying some of TE Connectivity ops for about $3B

add to favorites email to friend print save as pdf

Related Stories

France Telecom's loss may be Belgian gain

Jan 05, 2006

Buying or being bought out seemed to be the way of life of European telecommunication groups in 2005, as a slew of carriers both big and small either gobbled up rivals or were eaten up themselves.

ASML quarterly profits soar, record year expected

Apr 13, 2011

Dutch firm ASML, a global supplier of computer chip-making systems, predicted Wednesday a record year ahead as it posted quarterly profits of 395 million euros, almost four times last year's figure.

Dutch hi-tech company ASML profits rise

Jan 18, 2012

ASML, key global supplier of computer chip-making systems and high-tech bellwether, Wednesday posted record sales for 2011 alongside a fourth-quarter slump of nearly 30 percent in net income.

Recommended for you

Nintendo's nine-month profit jumps on cheap yen

14 hours ago

Nintendo reported a nearly six-fold increase in profit for the first three quarters of the fiscal year Wednesday and raised its earnings forecast as a cheap yen masked weak sales.

SK Hynix Q4 profit doubles to record level

14 hours ago

South Korean chipmaker SK Hynix said Wednesday its profits more than doubled in the fourth quarter to a record high, thanks to the soaring popularity of new mobile devices such as Apple's iPhones.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.