Canon Communications to be acquired and become platform for expansion.SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif.--(BUSINESS WIRE)--Sept. 30, 1996--Canon Communications Inc., a global business-to-business magazine and trade show producer, has agreed to be acquired by VS&A Communications Partners II, L.P., an affiliate of investment bankers Veronis, Suhler & Associates Inc. The agreement was announced by Evangeline Shears and Clay Camburn, co-chief executive officers of Canon, and by William F. Cobert, president. Terms of the transaction were not disclosed. Canon Communications, founded in 1978, publishes magazines and produces trade shows for the medical device and semiconductor manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation throughout the world. Based in Santa Monica, the company produces nine magazines and other trade publications with a total circulation of 158,000 and trade shows that regularly attract some 1,200 exhibiting companies and more than 20,000 attendees. Veronis, Suhler, based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , is an investment banking firm specializing in the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . Since it was formed in 1981, Veronis, Suhler has completed more than 330 transactions totaling more than $19 billion in volume. The firm also maintains a strong research capability and annually publishes benchmark studies of the communications industry. VS&A Communications Partners manages two investment partnerships with total committed capital of $390 million. Canon's senior executives said that under VS&A's ownership, Canon will become the platform for an even larger communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. . Future growth -- internal startups and outside acquisitions -- will be funded by VS&A's further investments in Canon. The Canon executives said that the acquisition of their company is subject to the satisfactory completion of due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. procedures now being conducted. Cobert said Canon will continue to operate under its own name. There are no plans to change the structure of the company or the locations of its operations, he added. Canon currently has 120 employees. The trade publications produced by Canon are Medical Device and Diagnostic Industry, European Medical Device Manufacturer, Medical Product Manufacturing News, Medical Plastics and Biomaterials, IVD (Interactive VideoDisc) See interactive video. Technology, Medical Electronics Manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors. , Consultant's Directory of Medical Device Manufacturing, and Medical Device Industry FactBook. Canon's trade shows in the United States are Medical Design & Manufacturing East Conference and Exposition, Medical Design & Manufacturing West Conference and Exposition, Medical Design & Manufacturing Minneapolis, and Medical Design & Manufacturing Orlando. Trade shows produced by Canon in Europe are MEDTEC and Medical Design & Manufacturing Europe Exposition. CONTACT: The Roper Company, Santa Monica Richard F. Roper, 310/393-0622 |
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