Xerox To Spend $100M In 2017 To Acquire More Multi-Branded Resellers, Get Into Emerging Markets

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By Michael Novinson – Xerox has set aside $100 million for mergers and acquisitions this year to convert more multi-branded dealers into Xerox-exclusive agents and gain a foothold in newer technologies.

The Norwalk, Conn.-based vendor said its Global Imaging Systems (GIS) business unit plans to continue buying independent, multi-branded resellers and converting them over to resellers focused exclusively on Xerox, according to Bill Osbourn, Xerox’s chief financial officer.

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