Xerox Acquires ITsavvy to Grow IT Services Presence
October 18, 2024
October 18, 2024
NORWALK, Connecticut, Oct. 18 -- Xerox issued the following news release on Oct. 17, 2024:
Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction i . . .
Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction i . . .