Home / Knowledge / News / Textiles / Konica Minolta to acquire Meridian Imaging Solutions
Konica Minolta to acquire Meridian Imaging Solutions
26
Mar '16
Konica Minolta said it will acquire Meridian Imaging Solutions; a North American distributor of multi-functional peripherals (MFPs) through its North American sales subsidiary, Konica Minolta Business Solutions (KMBUS).

In a press release, the company said, through this acquisition, it aims to increase its share in the huge market in the Washington D.C. area and reinforce its direct sales base to expand sales of MFPs.

It also aims to leverage the resources of KMBUS to better serve the promising markets of digital printing systems and IT services in North America.

Meridian is a leading distributor of MFPs in the region, including Washington D.C and enjoys a strong presence in both public-sector and private-sector markets.

“Since 2010, Meridian has been offering Managed IT (MIT) services to seek synergies with its MFP business,” Konica Minolta added in the press release.

Meridian Imaging Solutions was established in 1985 and has 115 employees and sales of approximately ¥4.8 billion.

Konica decided to acquire Meridian with a view to deepening relationships with its customers and accelerate efforts to reinforce its business base towards the last year of its medium-term business plan - Transform 2016.

With its brand proposition 'Giving Shape to Ideas', Konica Minolta stated that it will continue creating new values through offering of customer-centric services that combines IT and document management. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search