Ciber Inc., a computer system integrator, said Monday it has completed its acquisition of Canon Technology Solutions Inc.(CTS), a technology consulting unit of Canon USA Inc.
Greenwood Village-based Ciber (NYSE: CBR) said the acquisition will allow it to expand its information technology outsourcing division, Ciber ITO.
CIBER® (NYSE: CBR) is a leading international system integration consultancy and outsourcing provider with superior value-priced services for both private and government sector clients. CIBER’s services are offered on a project or strategic staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures.
Canon Technology Solutions, Inc., a subsidiary of Canon U.S.A., Inc., has been an innovative leader in providing advanced technology solutions and consulting to organizations since 1985. Our mission is to help leading corporations create and sustain competitive advantage, empower their employees to achieve ever increasing levels of productivity and accomplishment, and to transform their critical business operations in order to achieve superior levels of performance through the intelligent application of enabling technologies.
Clearly, I don't understand this move unless it was a poor performer for Canon? Any comments?
Canon gave a tour to journalists of its camcorder plant in Oita, Japan. Details:
- Manufacturing is done by teams or cells, rather than an assembly line
- Each cell has 20 members
- Each cell adopts a name like “Emperors of the Night” or “King of the Ninja”
- Camcorder is assembled every 20 minutes
- Total plant production is 500 camcorders every 8 hours
- Workers get 10 minute break every 2 hours, and dinner (no lunch break)
- Work day is 12 hours
- Parts are supplied to the cells by self-guided supply carts
- Total of 70 cells work different shifts
- Each cell is 20 meters apart
- Total plant is 77,000 square meters
- Total production is 200 million units per year
- Only automation used is for lenses, where glass is heated to 700 degrees Farenheit to form lens
Canon announced it will close its office in Amstelveen in the Netherlands in a cost cutting move.
More details on the last quarter’s financials for Canon:
- profit fell 81% to 35.8 billion yen
- predicts further drop to a 14 year low
- net income falls 91% to $130.4 million
2 comments:
Do you think it's possible that Canon sold the unit to focus more resources and C level attention on the box business.
IT is a really special sector with lots of competition. I don't know enough about Canon to know.
ANy thoughts/
Could be, I really don't know enough about the unit, except for what I posted. Maybe someone else will chime in.
Art
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