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MT Business Technologies sells to Global Imaging Systems/Xerox

Art Post ·
The report below is adapted from a the work of Frank G. Cannata, President of Marketing Research Consultants LLC (MRC), an acknowledged leading analyst in the copier/office products and workflow solutions industry and the voice of the industry’s independent dealer network. Frank serves as Editor-In-Chief and Publisher of THE CANNATA REPORT, a monthly magazine that focuses on the independent dealer channel and their efforts in the office products and workflow solutions industry. MANSFIELD --...
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Re: MT Business Technologies sells to Global Imaging Systems/Xerox

Art Post ·
I was shocked when I saw this. Global still buying, wonder why that is when paper in the office is on the decline.
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Re: MT Business Technologies sells to Global Imaging Systems/Xerox

Jason H ·
That one stings for Ricoh. I think it is the start of many dealers going away from Ricoh. MT was I believe, an 80 million dollar dealer and I believe single line Ricoh.
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Re: MT Business Technologies sells to Global Imaging Systems/Xerox

exit148 ·
I can't imagine Ricoh would have sold them some of their SMB accts just weeks ago & then this happened? They had to know about it & dodged that part of the bullet.
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Re: MT Business Technologies sells to Global Imaging Systems/Xerox

Jason H ·
I bet Ricoh had no clue they were up for sale. Ricoh didn't handle this SMB account sell off well at all and I wonder how much due diligence was done other than to get their nickels on the dollar for the accounts and run.
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Re: MT Business Technologies sells to Global Imaging Systems/Xerox

Art Post ·
by Rick Saia on May 15, 2017, 7:06 pm EDT Printer-friendly version Email this CRN article Xerox's Global Imaging Systems (GIS) division has acquired an Ohio-based dealer of multivendor office equipment and managed print services in the first shot in its $100 million effort to convert multibrand solution providers into Xerox-exclusive partners. The acquisition effectively kicks Xerox competitors Ricoh and HP off MT Technologies' line card in the midst of an A3 copier printer market share war.
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