Xerox Corporation today acquired NewField IT, a U.K.-based print
consultancy and software solution provider. This purchase expands Xerox’s offerings in Managed Print Services (MPS).
NewField IT’s consulting and
software services help companies implement MPS more quickly. Its Asset DB software suite creates visual maps of a floor plan
to show how assets – like printers and copiers – are used throughout an
office. By combining this visual mapping with a database that tracks
usage patterns of document devices, workplaces small to large are better
able to monitor and manage the use of the devices and their overall
IT’s Asset DB is a user-friendly software, which speeds up some MPS
implementations by up to four times. This will accelerate the return on
the MPS investment for all our clients, helping boost business growth as
they reinvest the costs savings into other areas of the business,” said
Stephen Cronin, President, Global Document Outsourcing, Xerox
NewField IT will operate as a wholly-owned Xerox
subsidiary. Co-founders Robert Newry and James Duckenfield will continue
to jointly lead the company, with Newry reporting directly to Cronin.
NewField IT will maintain its name and keep its headquarters in
Twickenham, U.K., and its U.S. operations in Philadelphia.