Xerox Corp. acquires U.K.-based print consultancy and software solution provider, NewField IT

Xerox Corporation has acquired NewField IT, a U.K.-based print consultancy and software solution provider. The acquisition expands Xerox’s market-leading managed print services (MPS) portfolio that serves workplaces of any size.

Stephen Cronin, president, Global Document Outsourcing, Xerox Corporation said NewField IT’s Asset DB is a user-friendly software, which speeds up some MPS implementations by up to four times. This will accelerate the return on the MPS investment for all Xerox clients, helping boost business growth as they reinvest the costs savings into other areas of the business, said Cronin.

NewField IT’s consulting and software services help companies implement MPS more quickly. For example, its Asset DB™ software suite creates visual maps of a floor plan to show how assets – like printers and copiers – are used throughout an office. By combining this visual mapping with a database that tracks usage patterns of document devices, workplaces small to large are better able to monitor and manage the use of the devices and their overall print-related costs.

By adding NewField IT’s services to its existing MPS offerings, Xerox is helping customers – from large enterprises to small and mid-sized business – capture cost savings and efficiency benefits of MPS faster than ever before.

NewField IT will operate as a wholly-owned Xerox subsidiary. Co-founders Robert Newry and James Duckenfield will continue to jointly lead the company, with Newry reporting directly to Cronin. NewField IT will maintain its name and keep its headquarters in Twickenham, U.K., and its U.S. operations in Philadelphia. Its employees will all continue to operate as part of NewField IT.
Robert Newry reiterated that as an independent unit, NewField can take advantage of Xerox’s global presence and respected innovation in the MPS space to scale its business and technology. NewField’s approach to serving clients doesn’t change: the company will remain an integral part of MPS offerings provided through a number of vendors in the field, and will continue to preserve its impartibility in serving the market, said Newry.

Xerox Corporation is a $22 billion leading global enterprise for business process and document management. Through its broad portfolio of technology and services, Xerox provides the essential back-office support that clears the way for clients to focus on what they do best: their real business.

Headquartered in Norwalk, Conn., Xerox provides leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 134,000 people of Xerox serve clients in more than 160 countries.

27th May 2011