Xerox buys Bennett's Business Systems

AP News
|
Posted: Aug 12, 2011 9:54 AM
Xerox buys Bennett's Business Systems

Xerox Co.'s Global Imaging Systems unit said Friday it acquired Bennett's Business Systems Inc. for an undisclosed sum.

Bennett's, a Jacksonville, Fla.-based distributor of Canon and HP copiers, printers and multifunction systems, will immediately begin offering Xerox's office printing products, Global Imaging said.

Bennett's, with locations Jacksonville, Orlando and Tallahassee, will become part of Saxon Business Systems Inc., a Global Imaging company based in Miami Lakes, Fla.

Global Imaging said the addition of Bennett's will help it achieve its goal of creating a nationwide network of locally based distributors to small and midsize businesses.

In early trading, Xerox shares rose 3 cents to $8.02.