My spouse is an Imaging Research Director for a globally respected medical reports business and they were totally taken by surprise that Canon bought Toshibas imaging wing.
"Under Phase V of its Excellent Global Corporation Plan, a five-year initiative launched in 2016, Canon aims to embrace the challenge of new growth through a grand strategic transformation"
Indicates to me that this is the first of many such acquisitions, and although the photographic segment may shrink and receive less funding in future, a healthy Canon should ensure long-term prescence in the photo industry.
"Under Phase V of its Excellent Global Corporation Plan, a five-year initiative launched in 2016, Canon aims to embrace the challenge of new growth through a grand strategic transformation"
Indicates to me that this is the first of many such acquisitions, and although the photographic segment may shrink and receive less funding in future, a healthy Canon should ensure long-term prescence in the photo industry.
No, not the first, they have already done a huge deal that you might have missed. Approximately $9 billion USD purchases in the past year! I expect that they will wait for another year or two before spending another bunch of cash.
For example: http://www.reuters.com/article/us-axis-canon-idUSKBN0LE0KK20150210