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Xerox Expands Managed Print Services Portfolio With Acquisition

The acquisition of NewField IT will help companies, from SMBs to enterprises, implement managed print services (MPS) more quickly. By Admin

Xerox has expanded its managed print services (MPS) portfolio with the acquisition of NewField IT, a U.K.-based print consultancy and software provider. NewField IT specializes in helping companies of all sizes implement MPS more quickly with its Asset DB software suite, which creates visual maps of a floor plan to show how assets are used throughout an office.

NewField IT will operate as a wholly-owned Xerox subsidiary, and will maintain its name and keep its headquarters in Twickenham, U.K. The acquisition of the company, known for its user-friendly software, will speed up MPS implementation and accelerate the ROI on MPS for Xerox's clients, according to Stephen Cronin, president of Global Document Outsourcing at Xerox.

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