Announced

PBS to acquire operations in Peru and Ecuador from Xerox.

Synopsis

PBS, a solution and customer-oriented technology group, agreed to acquire operations in Peru and Ecuador from Xerox, a print technology company. Financial terms were not disclosed. “In today’s business environment, organizations need support from partners who have a deep understanding of regional market dynamics and who can respond with maximum speed and agility. This indirect model with PBS will best support our clients in region while allowing Xerox to put greater focus on developing and deploying Digital Services capabilities to diversify our channel-ready offerings. We thank our dedicated Xerox employees for their commitment and hard work over the years and look forward to following their continued success,” John Bruno, Xerox president and chief operating officer.

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