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September 14, 2007
Xerox to Buy Advectis, Re-Enter Mortgage Space
Xerox Corp. plans to buy e-collaboration vendor Advectis, for $32 million. Xerox’s expertise in document outsourcing and related services is what led the company to Advectis, a privately owned business. Xerox's document technology and services portfolio includes consulting and outsourcing services, records management, digital imaging, e-discovery for litigation support, and managed services in more than 160 countries.
Posted by S. Germain at September 14, 2007 08:18 AM