M&A Deal Summary

Konica Minolta Acquires Altuscio Networks

On September 21, 2016, Konica Minolta acquired information technology company Altuscio Networks

Acquisition Highlights
  • This is Konica Minolta’s 9th transaction in the Information Technology sector.
  • This is Konica Minolta’s 11th transaction in the United States.
  • This is Konica Minolta’s 1st transaction in Georgia.

M&A Deal Summary

Date 2016-09-21
Target Altuscio Networks
Sector Information Technology
Buyer(s) Konica Minolta
Deal Type Add-on Acquisition

Target

Altuscio Networks

Woodstock, Georgia, United States
Altuscio Networks is an IT Services company. Altuscio Networks offers IT services, remote system monitoring packages, software and database design services. Altuscio Networks was established in 2001 and is headquartered in Woodstock, Georgia.

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Buyer(S) 1

Buyer

Konica Minolta

Tokyo, Japan

Category Company
Founded 1873
Sector Technology Hardware
Employees39,378
Revenue 1.16T JPY (2024)
DESCRIPTION
Konica Minolta office building in North Sydney, Australia.
Konica Minolta office building in North Sydney, Australia.

Konica Minolta is a manufacturer of copiers, laser printers, multi-functional peripherals and digital print systems. Konica Minolta was founded in 1873 and is based in Tokyo, Japan.


DEAL STATS #
Overall 19 of 26
Sector (Information Technology) 9 of 12
Type (Add-on Acquisition) 18 of 25
State (Georgia) 1 of 1
Country (United States) 11 of 18
Year (2016) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 ProcessFlows Holdings

Hampshire, United Kingdom

ProcessFlows Holdings Ltd. is an IT service company which is strong with managed contents services. ProcessFlows is a provider of solutions and services designed to improve business processes and communications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-22 DocPoint Solutions

Fulton, Maryland, United States

DocPoint Solutions LLC is a professional services delivery organization that specializes in the implementation, customization, training and support of SharePoint solutions and its integrated suite of products. DocPoint Solutions LLC was established in 2008 and is headquartered in Fulton, Maryland.

Buy -