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OKI and SII Exchange a Memorandum on Wide Format Printer Business Transfer

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TOKYO--(BUSINESS WIRE)--OKI Data Corporation, an OKI Group company specializing in the printer business, today announced that OKI Data Corporation and Seiko Instruments Inc. (“SII” hereinafter) exchanged a memorandum to transfer the wide format printer business of Seiko I Infotech Inc. (“SIIT” hereinafter), a subsidiary of SII, to OKI Data Corporation. Both companies will pursue negotiations based on the memorandum with a view to completing the business transfer by October 1, 2015, by executing

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