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Kyocera to buy British IT and office equipment company

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OSAKA -- Kyocera will acquire a U.K.-based supplier of office equipment and information technology services, aiming to shore up its own printer and copier operations in Europe and the U.S. to compensate for its flagging component business. The Japanese company is expected to buy Annodata through subsidiary Kyocera Document Solutions for around 10 billion yen ($87.7 million). The companies are seen inking a deal as early as Tuesday U.K. time. Based in the English county of Hertfordshire,...
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