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Further Expands Reach to SMB Market


Published on 2011-03-01 03:20:39 - Market Wire
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UXBRIDGE, England--([ BUSINESS WIRE ])--[ Xerox Corporation ] (NYSE: XRX) today announced the acquisition of Concept Group, expanding its reach in the [ small and medium-sized business ] (SMB) market in the U.K. Concept Group, a supplier of digital document solutions, has nine locations throughout the U.K.

"Channel expansion continues to be a key aspect of the Xerox strategy for Europe"

Founded in 1984 and headquartered in Livingston, Scotland, [ Concept Group ] provides document imaging solutions and technical service to more than 3,000 customers from Aberdeen to London. Its more than 50 salespeople will begin selling Xeroxa™s market-leading [ document technology ] and [ services ] immediately.

Over the last three years Xerox has expanded its distribution to the European SMB market and has grown its [ managed print services ] delivery capability through two other acquisitions a" Irish Business Systems, Ireland, and Veenman, in the Netherlands a" and by broadening relationships with resellers and concessionaires in Europe.

aChannel expansion continues to be a key aspect of the Xerox strategy for Europe,a said Douraid Zaghouani, president of Indirect Channels Group, Xerox Corporation. aWith Concept Group, we significantly increase our presence across the U.K., bringing the right talent, the right coverage and the right positioning to this vital market.a

Concept Group will carry the full range of Xerox [ office products ] and [ supplies ], including all Phaser®, WorkCentre® and ColorQube® [ printers ] and [ multifunction systems ], which print, copy, fax and scan, and it will service Xerox devices. Over time Concept Group will expand to carry Xeroxa™s [ light production printing ] products. Xeroxa™s industry-recognized managed print services will also be a market differentiator for the Concept Group team. Xerox managed print services help businesses reduce costs by up to 30 percent, increase productivity and enhance document and device security.

aOur aim has always been to exceed customer expectations with regard to performance and cost savings,a said Colin Paterson, founder of Concept Group. aThe acquisition means wea™ll be able to do that even better by bringing our customers all the benefits of Xeroxa™s brand-leading products and managed print services expertise.a

Concept Group will operate as a wholly-owned subsidiary of Xerox, working in parallel with Xeroxa™s other distribution channels in the region. Paterson will continue to lead the company, reporting directly to Zaghouani. Concept Group will maintain its name and keep its headquarters in Livingston. Its employees will continue to operate as part of Concept Group.

Xerox currently employs more than 4,700 people in the U.K., including 230 in Scotland, who are engaged in technical support, sales, service delivery and marketing activities.

About Xerox

Xerox Corporation is a $22 billion leading global enterprise for business process and [ document management ]. Through its broad portfolio of technology and [ services ], Xerox provides the essential back-office support that clears the way for clients to focus on what they do best: their [ real business ]. Headquartered in Norwalk, Conn., Xerox provides leading-edge [ document technology ], services, software and [ genuine Xerox supplies ] for [ graphic communication ] and [ office printing environments ] of any size. Through ACS, A Xerox Company, which Xerox acquired in February 2010, Xerox also offers extensive [ business process outsourcing ] and [ IT outsourcing services ], including data processing, HR benefits management, finance support, and customer relationship management services for commercial and government organizations worldwide. The 136,000 people of Xerox serve clients in more than 160 countries. For more information, visit [ http://www.xerox.com ], [ http://news.xerox.com ], [ http://www.realbusiness.com ] or [ http://www.acs-inc.com ]. For investor information, visit [ http://www.xerox.com/investor ].

Note: To receive RSS news feeds, visit [ http://news.xerox.com/pr/xerox/rss.aspx ]. For open commentary, industry perspectives and views from events visit [ http://twitter.com/xeroxcorp ], [ http://twitter.com/xeroxoffice ], [ http://twitter.com/xeroxproduction ], [ http://twitter.com/servicesatxerox ], [ http://twitter.com/xeroxevents ], [ http://ww.xerox.com/blogs ], [ http://www.xerox.com/podcasts ].

XEROX®, XEROX and Design®, and ColorQube®, Phaser®, WorkCentre® are trademarks of Xerox Corporation in the United States and/or other countries.