Thursday, January 12, 2012

Xerox Corporation Acquires LaserNetworks Of Canada

Wednesday, 4 Jan 2012 12:00pm EST

Xerox Corporation announced it has acquired LaserNetworks, a managed print services (MPS) provider in Canada that helps businesses cut costs and reduce the time employees spend on print-related activities.

Based in Oakville, Ontario, LaserNetworks provides MPS solutions that include print device tracking, centralized service and supply management and document routing. It will operate as a wholly-owned subsidiary of Xerox Canada with LaserNetworks founder and CEO Chris Stoate continuing to lead the company, reporting to Shapansky.

Terms were not disclosed.

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