OKI Data Corporation, an OKI Group company specializing in the printer business, has completed the acquisition of the globally-deployed wide format printer business of Seiko I Infotech Inc. ("SIIT" hereinafter), a subsidiary of Seiko Instruments Inc. ("SII" hereinafter), from SII.
OKI Data Corporation established OKI Data Infotech Corporation ("OKI Data Infotech" hereinafter) by acquiring all SIIT shares held by SII. The new company began operating as a member of the OKI Group on October 1, 2015. On the same day, OKI Data Corporation’s overseas subsidiaries in Europe and the US completed the acquisition of the wide format printer business and assets from SII’s European and US group companies. OKI Data Infotech will assume responsibility for all services and products in the wide format printer business currently provided by SII’s European and US group companies.