Xerox Holdings Corporation (NYSE: XRX) has acquired Document Systems, a US document solutions provider in Southern California.
The amount of the deal was not disclosed.
Document Systems will become part of Xerox Business Solutions, aligned to the XBS West region, and provide Xerox solutions targeted at SMBs that support collaboration, communication, remote IT support, security and automation.
The acquisition will enable the company to strengthen its U.S. small and midsize business (SMB) market reach through the combined portfolio of workplace solutions for SMBs and local technology providers.
This is Xerox’s third acquisition in North America in the last year, following the purchase of Groupe CT last month and Digitex in March 2020 to expand to the eastern and western Canadian markets, respectively.