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Canon had acquired majority ownership of OcГ© by March 2010, and completed the acquisition of 100% of shares in OcГ© by the end of 2011. In November 2009, Canon made a в‚¬730 million (US$1.1 billion) all-cash offer for the Dutch printer maker OcГ©. Canon introduced its first high-definition camcorder in 2005. In 2004, Canon introduced the XEED SX50 LCD projector. Canon entered the digital video camcorder market in 1997.

In 1996, Canon introduced a pocket-sized digital camera with the Advanced Photo System, named ELPH in America and IXUS in Europe. Based on the EOS-1N, the EOS-1N RS had a fixed, semi-transparent pellicle mirror with a hard coat. The Canon EOS-RS was the world's fastest AF SLR camera with a continuous shooting speed of 10 frame/s at the time. In 1995, Canon introduced the first commercially available SLR lens with internal image stabilization, Canon EF 75-300mm lens f/4-5.6 IS USM. In 1992, Canon launched the Canon EOS 5, the first-ever camera with eye-controlled AF, and the PowerShot 600, its first digital camera. In the same year the EOS RT, the world's first AF SLR with a fixed, semi-transparent pellicle mirror, was unveiled.

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The EOS 1 Flagship Professional SLR line was launched in 1989. In 1988, Canon introduced 'Kyosei philosophy'. Also in 1987, the Canon Foundation was established. In 1987, Canon introduced their Canon Electro-Optical System (EOS), named after the goddess of the dawn, along with the Canon EOS 650 autofocus SLR camera. Д¬anon introduced their Inkjet printer using bubble-jet technology in 1985, one year after Hewlett-Packard. In 1976, Canon launched the Canon AE-1, the world's first camera with an embedded micro-computer. In 1971, Canon introduced the Canon F-1, a high-end SLR camera, and the FD lens range. In 1965 Canon introduced the Canon Pellix, a single lens reflex (SLR) camera with a semi-transparent stationary mirror which enabled the taking of pictures through the mirror. In 1964 Canon introduced the 'Canola 130', the first Japanese made 10-key calculator, a substantial improvement on the design of the British Bell Punch company, which introduced the first fully electronic calculator two years earlier with the Sumlock Anita Mark 8 unit. In 1961 Canon introduced the Rangefinder camera, Canon 7, and 50mm 1:0.95 lens in a special bayonet mount.

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Canon introduced a field zoom lens for television broadcasting in 1958 and in 1959 introduced the Reflex Zoom 8, the world's first movie camera with a zoom lens, and the Canonflex. In 1940 Canon developed Japan's first indirect X-ray camera.

Д«etween 19 'The Kwanon', a copy of the Leica design, Japan's first 35В mm focal-plane-shutter camera, was developed in prototype form.

During its early years the company did not have any facilities to produce its own optical glass, and its first cameras incorporated Nikkor lenses from Nippon Kogaku K.K.

It became the company Precision Optical Instruments, Co., Ltd. The origins of Canon date back to the founding of Precision Optical Instruments Laboratory in Japan in 1933 by Takeshi Mitarai, Goro Yoshida, Saburo Uchida and Takeo Maeda. The name Canon comes from Buddhist bodhisattva Kannon ( и¦ійџі, ' Guanyin'), previously transliterated as Kuanyin, Kwannon, or Kwanon in English. In 1947 the company name was changed to Canon Camera Co., Inc., shortened to Canon Inc. In 1934 it produced the Kwanon, a prototype for Japan's first-ever 35В mm camera with a focal-plane-based shutter. The company was originally named SeikikЕЌgaku kenkyЕ«sho (Jpn.