KYOCERA Document Solutions acquires Ceyoniq Group
Successful entry to growing ECM market
17 September 2015
KYOCERA Document Solutions has signed an irrevocable acquisition agreement for the Ceyoniq Group headquartered in Bielefeld, Germany. With this acquisition KYOCERA Document Solutions actively enters the growing “Enterprise-Content-Management (ECM)” market. Ceyoniq will remain a separate entity with consultants and developers. The successful “nscale” product for optimisation and automatisation of document based processes will also remain. The goal is clear: higher revenues and market share through synergy.
Takashi Kuki, President of KYOCERA Document Solutions Inc. is sure of the benefit for both companies: “Our customers will profit most of all. They can now rely on us for an extended software offering, services and a solutions portfolio. This is a perfect extension of our hardware know-how and positions us strategically in the important ECM market.”
The Ceyoniq Group with its four companies encompasses the entire ECM value chain. With “nscale” the company has established a flexible and scalable ECM platform solution. With it processes in a company can be automated and adjusted more efficiently. Collaborative, transparent and comprehensive work across teams is made possible.
Until now KYOCERA participated in the ECM market through cooperations with other providers. Now the company can offer an in-house product portfolio in this segment. The ECM market has shown a high growth rate with a continued upward trend. KYOCERA regards this as a clear chance for growth.
“Together with our established consulting experience Ceyoniq fits our business model perfectly: Together we will expand our market potential”, says Takahiro Sato, President of KYOCERA Document Solutions Europe B.V.
Ceyoniq will continue to operate as an independent company. The current CEO André Ferlings will remain at the head of the company.
He comments: “in the ECM sector we are the technology leader with our product “nscale” and are sure that together with KYOCERA we can convince new international customers of our capabilities. In this case one plus one is more than two. ”
The acquisition is conditioned upon the approval by regulatory authorities. It is expected to close no later than end of October 2015. All parties have agreed to keep financial details confidential.
Forward Looking Statements
All statements other than statements of historical fact contained in this release, including statements regarding future outlook and future business are forward-looking statements. KYOCERA has based these forward-looking statements on its estimates and assumptions as of the date of this release. These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this release are inherently uncertain and may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as predictions of future events.
Ceyoniq is the premium developer of the enterprise content management platform nscale which is designed to optimise the information and document management environment of its customers. It brings sustainable change to complex business and communications processes. Nationally in Germany and internationally Ceyoniq has a proven track record as a highly specialised IT company.
The portfolio comprises of solutions for document management and enterprise content management as well as systems to manage and automate complex business and communications processes such as e-mail and invoice management. The solutions are designed to easily integrate into corporate IT infrastructures taking into account the specific vertical market needs.
From its headquarters in Bielefeld Ceyoniq manages its operation through regional offices in Germany.
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 colour 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 totalled 1.52 trillion yen (approx. USD12.7 billion).