M&A Deal Summary

Xerox Acquires CareAR

On January 28, 2021, Xerox acquired software company CareAR

Acquisition Highlights
  • This is Xerox’s 8th transaction in the Software sector.
  • This is Xerox’s 29th transaction in the United States.
  • This is Xerox’s 6th transaction in Texas.

M&A Deal Summary
Date 2021-01-28
Target CareAR
Sector Software
Buyer(s) Xerox
Deal Type Add-on Acquisition

Target

CareAR

Austin, Texas, United States
CareAR, Inc. is an augmented reality support platform company that provides real-time access to expertise for customers, employees, and field workers. CareAR software, remote agents, and experts can virtually see the situation and visually guide a solution using a suite of augmented reality tools via desktop, mobile, and smart glass devices as if they were in-person. CareAR is based in Austin, Texas.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Xerox

Norwalk, Connecticut, United States
Category Company
Founded 1906
Sector Business Services
Employees18,700
Revenue 6.9B USD (2023)
DESCRIPTION
Xerox office in downtown Chicago, Illinois.
Xerox office in downtown Chicago, Illinois.

Xerox is a provider of business process and document management services worldwide. Xerox was founded in 1906 and is based in Norwalk, Connecticut.

DEAL STATS #
Overall 43 of 49
Sector (Software) 8 of 8
Type (Add-on Acquisition) 40 of 46
State (Texas) 6 of 6
Country (United States) 29 of 32
Year (2021) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-30 Arena Group

West Yorkshire, United Kingdom

Arena Group specializes in hard copy and electronic document management. Arena Group provides the hardware, software, service, and expertise that enables organizations to cut costs, improve efficiencies and become greener.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 CT

Laval, Quebec, Canada

CT is an independent document management provider in Eastern Canada. CT offers a customized service for both SMEs and multinationals that simplifies your life at every stage; from consulting to installation, from the call center to technical assistance. CT is based in Laval, Quebec.

Buy -
Mergr

Product

Company

Legal