Xerox Acquires Go Inspire to Grow Digital Services Presence in UK

Rhea-AI Summary

Xerox has announced the acquisition of Go Inspire, a UK-based print and digital marketing services provider, aiming to enhance its global Digital Services footprint. This strategic move is designed to transform Xerox's transactional and direct mail services into multi-channel communications, driving growth in the EMEA region. The terms of the transaction remain undisclosed. Xerox intends to leverage Go Inspire’s capabilities to expand its service offerings and better serve its existing and new clients in Europe, the Middle East, and Africa.

Positive

• Acquisition of Go Inspire enhances Xerox's Digital Services capabilities.
• Strategic growth in the EMEA region through expanded service offerings.

Negative

• None.

NORWALK, Conn.--(BUSINESS WIRE)-- Xerox has acquired Go Inspire, a UK-based print and digital marketing and communication services provider to grow its global Digital Services presence. Go Inspire serves customers throughout Europe, the Middle East and Africa (EMEA).

"We're focused on widening the scope of Xerox’s Digital Services and Customer Engagement Services," said Darren Cassidy, UK & Ireland Managing Director and senior vice president, EMEA Global Document Services at Xerox. “Go Inspire’s capabilities will support the transformation of our transactional and direct mail services into multi-channel communications, accelerate growth in EMEA and create new avenues for us to help current and new clients.”

“We are thrilled to join the Xerox team and eager to contribute to the growth of Xerox Digital Services,” said Patrick Headley, chief executive officer at Go Inspire. “Together with Xerox, we will expand the portfolio of high value services for our expanding client base throughout the UK and beyond.”

This acquisition supports Xerox’s commitment to expand its Digital Services business and bring innovative solutions to the workplace.

Terms of the transaction were not disclosed.

About Xerox Holdings Corporation

For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we've expanded into software and services to sustainably power today's workforce. From the office to industrial environments, our differentiated business solutions and financial services are designed to make every day work better for clients — no matter where that work is being done. Today, Xerox scientists and engineers are continuing our legacy of innovation with disruptive technologies in digital transformation, augmented reality, robotic process automation, additive manufacturing, Industrial Internet of Things and cleantech. Learn more at xerox.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220705005143/en/

Media

Justin Capella, Justin.Capella@xerox.com, +1-203-258-6535

Source: Xerox Holdings Corporation

FAQ

What is the recent acquisition made by Xerox?

Xerox has acquired Go Inspire, a UK-based marketing and communication services provider.

How does the Go Inspire acquisition benefit Xerox?

The acquisition supports the transformation of Xerox's services into multi-channel communications and aims to accelerate growth in the EMEA region.

What are the terms of the Go Inspire acquisition?

The terms of the transaction were not disclosed.

In what regions will Xerox expand its services with Go Inspire?

Xerox will expand its services throughout Europe, the Middle East, and Africa.

What is the stock symbol for Xerox Holdings Corporation?

The stock symbol for Xerox Holdings Corporation is XRX.