EU probes Canon's acquisition of Toshiba medical unit

Jul 7, 2017

EU probes Canon's acquisition of Toshiba medical unit

The European Union has started a full investigation into Canon Inc. for an alleged breach of EU rules through its acquisition of Toshiba Medical Systems Corp., the European Commission said Thursday. The EU's executive branch has sent a letter of objection to Canon, the first ...

GE, Canon risk fines as EU clamps down on merger violations

/ Jul 7, 2017

GE, Canon risk fines as EU clamps down on merger violations

General Electric Co., Merck KGaA, Sigma-Aldrich Corp. and Canon Inc. are the latest companies to risk hefty penalties as the European Commission clamps down on violations of its merger approval procedures. Months after the EU fined Facebook $125 million for giving misleading information during a ...

/ Dec 19, 2016

Canon completes acquisition of Toshiba medical unit

Canon Inc. has completed its acquisition of a Toshiba Corp. medical unit that the embattled parent company put on sale earlier this year in a bid to emerge from a window-dressing scandal. The printer, photocopier and camera manufacturer announced the purchase Monday of Toshiba Medical ...

/ Sep 5, 2016

Toshiba, Canon to start commercial drone services

Toshiba Corp. and Canon Inc. are starting separate drone-based services for corporate clients. Toshiba said Monday it will partner with auto parts manufacturer Alpine Electronics Inc. to commercialize a system by March 2018 to inspect remote infrastructure such as power cables and steel towers. Their service ...

/ Jul 27, 2015

Canon profit tumbles 20.5% on weak camera demand

Canon Inc. said Monday that its net profit fell 20.5 percent in the first six months of the year as smartphones increasingly take a bite out of demand for digital cameras. The photography and office equipment giant reported a ¥102.13 billion ($830 million) profit for ...