Osaka, Japan - November 5, 2015 - KYOCERA Document Solutions Inc.(President: Takashi Kuki; herein "KYOCERA")today announced the acquisition of all shares of four companies held by Ceyoniq Holding GmbH(Chairman of the Management Board: Andre Ferlings; herein "Ceyoniq Group"), a German Enterprise Content Management(ECM*) solutions provider, making the Ceyoniq Group a wholly owned subsidiary of KYOCERA as of November 3(Germany local time).
Since the two companies reached an acquisition agreement on September 16(Germany local time), KYOCERA has been taking the necessary steps to make the Ceyoniq Group a wholly owned subsidiary, while obtaining approvals from relevant authorities.
By utilizing the Ceyoniq Group's expertise, KYOCERA will further provide added value to its customers as a partner that contributes to the expansion of their business.
| * ECM: The collective term for software which enhances the efficiency of data handled in enterprises including paper documents. |
Overview of the Ceyoniq Group
| Company Names | Ceyoniq Technology GmbH (Established in 2002) Ceyoniq Media GmbH (Established in 2009) Ceyoniq Consulting GmbH (Established in 2010) Ceyoniq Innovations GmbH (Established in 2013) |
| Location of Headquarters | Bielefeld, Germany (120km northeast of Dusseldorf) * Other sites in Germany: Munich, Leipzig, Oldenburg |
| Field of Business | ECM business |
| Number of Employees | Approx. 160 |
Note:The acquisition is conditioned upon the approval by German regulatory authorities. Information within this news release is current as of the date of announcement.
About KYOCERA Document Solutions Inc.
KYOCERA Document Solutions Inc. headquartered in Osaka, Japan is a leading manufacturer of document imaging solutions and document management systems, including color and monochrome multifunctional products and printers and wide format devices. KYOCERA's products are renowned for their unique long-life imaging components that provide greater reliability, less waste - resulting in a lower Total Cost of Ownership (TCO) over the life of the product.
The KYOCERA Document Solutions portfolio does not stop at hardware. A full suite of business applications and consultative services allow customers to optimize and manage their document workflow, unleashing the full potential of their hardware investment. KYOCERA Document Solutions Inc. is a core company of KYOCERA Corporation, the world's leading developer and manufacturer of advanced ceramics and associated products, including telecommunications equipment, semiconductor packages and electronic components. During the year ended March 31, 2015, KYOCERA Corporation's net sales totaled 1.52 trillion yen (approx. USD12.7 billion).