Xerox’s Global Imaging Systems Acquires MT Business Technologies; Expands Presence in Ohio
May 15 2017 - 7:00AM
Business Wire
Purchase furthers Xerox’s strategy to expand
sales channels with more multi-brand office solutions dealers
Global Imaging Systems (GIS), A Xerox (NYSE: XRX) Company, has
acquired MT Business Technologies, a Mansfield, Ohio-based
multi-brand dealer that provides office equipment, productivity
solutions and managed print services to organizations throughout
Ohio and South Eastern Michigan.
Xerox is focused on enhancing and expanding its channel reach,
particularly in the $20 billion multi-brand reseller space. The
acquisition of MT Business Technologies by GIS opens new market
opportunities in Ohio, including large metropolitan areas such as
Cleveland and Columbus, which offer strong growth potential.
“We’re joining forces with one of Ohio’s most respected office
solutions companies,” said Michael Pietrunti, senior vice
president, Acquisitions, Corporate Services and Marketing, GIS.
“This gives us the opportunity to expand our local network and
generate increased revenue, while also providing more customers
with industry-leading technology and innovative services to meet
today’s business needs.”
MT Business Technologies president Chuck Rounds, who has been
with the organization since 2000, will remain company president
after the acquisition.
“Partnering with GIS and Xerox allows MT Business Technologies
to further honor our commitment to improving our customers’
business performance and long-term sustainability by enhancing
their productivity and profitability with the best technology
solutions,” said Rounds.
Terms of the agreement were not disclosed.
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About Global Imaging Systems
Global Imaging Systems, A Xerox Company, is made up of regional
core companies in the United States that sell and service document
management systems such as printers, copiers and multifunction
devices; network integration services; and electronic presentation
systems. As an office technology dealer, Global Imaging
Systems sells products from various suppliers including Xerox.
Xerox acquired Global Imaging Systems in 2007, and operates it as a
wholly owned subsidiary within Xerox’s North America
Operations.
About Xerox
Xerox Corporation is an $11 billion technology leader that
innovates the way the world communicates, connects and works. Our
expertise is more important than ever as customers of all sizes
look to improve productivity, maximize profitability and increase
satisfaction. We do this for small and mid-size businesses,
large enterprises, governments, graphic communications providers,
and for our partners who serve them.
We understand what’s at the heart of work – and all of the forms
it can take. We embrace the increasingly complex world of paper and
digital. Office and mobile. Personal and social. Every day across
the globe – in more than 160 countries – our technology, software
and people successfully navigate those intersections. We automate,
personalize, package, analyze and secure information to keep our
customers moving at an accelerated pace. For more information,
visit www.xerox.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170515005438/en/
XeroxBob Wagner, +1-585-422-5721robert.wagner@xerox.comorText100
for XeroxKalie Hudson, +1-585-697-2608kalie.hudson@text100.com
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