Xerox Acquires Canadian IT Services Provider, Powerland, to Grow Presence in IT Services Market
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Wednesday, February 2, 2022
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Xerox Holdings Corporation (NASDAQ: XRX) today announced it has acquired Powerland, a leading IT services provider in Canada, for cash.
Key Points:
- Xerox Holdings Corporation (NASDAQ: XRX) today announced it has acquired Powerland, a leading IT services provider in Canada, for cash.
- The acquisition strengthens Xeroxs IT services offerings in North America, which include cloud, cyber security, end user computing and managed services.
- Today, the ability to quickly adapt to change and remain competitive requires a strong IT partner, said Martin Bachant, president, Xerox Canada.
- Xerox acquired both ITEC Connect, a leader in IT services in the UK, and Digitex, an IT services provider in Canada, in March 2020.