Fuji Xerox Australia Announces Acquisition of Upstream Print Solutions
Sydney, July 30th, 2010 – Fuji Xerox Australia has announced that it has entered into an agreement to acquire Upstream Print Solutions, one of Australia’s leading managed print solutions providers. The acquisition would broaden Fuji Xerox Australia’s Managed Print Service offerings and accelerates their growth in the small to medium market.
Upstream will operate as an autonomous subsidiary of Fuji Xerox Australia and will continue to maintain its capabilities in providing managed print solutions to the small to medium market. It will work in alignment with Fuji Xerox Australia’s existing small to medium dealer and agent distribution channels.
Nick Kugenthiran, managing director at Fuji Xerox Australia said, “Upstream has a unique business model and offers a good strategic fit which complements our business. We aim to maintain the value of Upstream’s brand and customer base using their current go-to-market model.”
Neil Tilley,executive director at Upstream commented “For Upstream customers this acquisition means they will continue to get the same great service from the same great team, t with the additional backing and support of a large and proven business partner in Fuji Xerox Australia. This will enhance Upstream’s ability to innovate and provide a strong platform for our next exciting growth phase”
About Fuji Xerox Australia
Fuji Xerox Australia is a leader in integrated document services, offering technology solutions and business services to meet our customers’ information management needs. With knowledge and capabilities to design and implement document services for a variety of customers including offices, print rooms, commercial printers and publishing environments, the company has expertise in document management, digitising data, print, office supplies, software solutions and managed services.
About Upstream Print Solutions
Upstream Print Solutions is one of Australia’s leading managed print solutions MPS providers, delivering flexible, cost effective and innovative solutions specific to individual customer requirements. Upstream is device agnostic, offering the best technology for the specific need, regardless of vendor. This is combined with custom and innovative solutions that help businesses better manage information and work flows. Together, the technology and solutions provide a complete print offering that lowers cost, minimises administration, reduces carbon footprint and enables businesses to print less. Upstream manages over more than 3,500 customers, from small single site businesses to large multi-site businesses, across Australia.
Joint Sustainability Commitment
Fuji Xerox Australia and Upstream have a shared commitment to sustainability, with both organisations advocating responsible communication choices. This is a dedication to building solutions that ensure the right information is delivered to the right person in the right format.
Media Contact for Fuji Xerox Australia
Contact Name: Natasha David
Company: Recognition PR
Contact: 02 9252 2266
Email: natasha_david@recognition.com.au
Media Contact for Upstream Print Solutions
Contact Name: Alec Stanwell
Company: n2n Communications
Contact: 02 9213 2305
Email: astanwell@n2n.com.au