Date: Tuesday July 22, 2008 12:08:13 pm
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http://www.forbes.com/feeds/ap/2008/07/18/ap5230280.html
Xerox unit acquires Sierra Office Solutions
NEW
YORK -Office equipment maker Xerox Inc. said Friday its Global Imaging
Systems unit bought Reno, Nev.-based office technology supplier
Precision Copier Service Inc., which does business as Sierra Office
Solutions.Financial terms weren’t disclosed. It’s the third acquisition
this year by Global Imaging as the company expands its network of
office technology providers.Sierra Office Solutions will continue to
service its customers as it begins offering Xerox ‘s full range of
office printing equipment. Co-owner and President Michael Jauron will
continue to lead Sierra.Xerox shares fell 22 cents to $13.60 in morning
trading.
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