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Canon introduced its first high-definition camcorder in 2005. [14] In November 2009, Canon made a €730 million (US$1.1 billion) all-cash offer for the Dutch printer maker Océ. [15] Canon had acquired majority ownership of Océ by March 2010, [16] and completed the acquisition of 100% of shares in Océ by the end of 2011. [17]