XEROX TO BUY SOFTWARE CO. FOR $32M

  • clover-depot-intl-us-ca-email-signature-05-10-2017-902x1772
  • Print
  • banner-01-26-17b
  • ncc-banner-902-x-177-june-2017
  • 4toner4
  • ces_web_banner_toner_news_902x1776
  • 2toner1-2
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • cartridgewebsite-com-big-banner-02-09-07-2016
Share

XEROX TO BUY SOFTWARE CO. FOR $32M

 user 2007-09-12 at 10:44:00 am Views: 54
  • #18736

    Xerox to Buy Advectis for $32 Million
    ROCHESTER, N.Y. — Office equipment maker Xerox Corp. said Wednesday it plans to buy Advectis Inc., a provider of electronic document collaboration products to the mortgage industry, for $32 million cash.Atlanta-based Advectis is privately held. Its Web-based BlitzDocs Collaboration Suite helps lenders, brokers and investors manage loan documents electronically in what is usually a paper-heavy process, Xerox said.All of Advectis’s 41 employees are expected to join Xerox. The deal is expected to close in the next 30 days.