M&A Deal Summary

Xerox Acquires Global Imaging Systems

On January 1, 2007, Xerox acquired technology hardware company Global Imaging Systems

Acquisition Highlights
  • This is Xerox’s 1st transaction in the Technology Hardware sector.
  • This is Xerox’s 5th transaction in the United States.
  • This is Xerox’s 1st transaction in Florida.

M&A Deal Summary

Date 2007-01-01
Target Global Imaging Systems
Sector Technology Hardware
Buyer(s) Xerox
Deal Type Add-on Acquisition

Target

Global Imaging Systems

Tampa, Florida, United States
Global Imaging Systems, Inc. is a provider of business technology solutions. GIS companies sell and service Document Management Systems including printers, multifunction devices and copiers; Network Integration Services; Software Solutions; and Audio Visual & Video Conferencing Systems

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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 5 of 49
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 5 of 46
State (Florida) 1 of 3
Country (United States) 5 of 32
Year (2007) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-03 XMPie

New York, New York, United States

XMPie produces variable information software, which combines communications outlets including direct mail, the Internet and e-mail to create marketing materials that can be specialized enough to bear an individual's name.

Buy $54M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-23 TML Enterprises

Manassas, Virginia, United States

TML Enterprises, Inc. is a provider of suite of office technology and imaging solutions.

Buy -