Ricoh Acquires DocuWare
An On-Going Partnership
Ricoh announced their upcoming acquisition of DocuWare in July 2019. This purchase (for an, as yet, unknown amount) is the next step in the long-term partnership between the two companies. Ricoh is already using DocuWare software “both internally in its own operations and with existing customers.”
David Mills, Corporate Senior Vice President of Ricoh stated their commitment to maintaining and growing DocuWare “through expanding its channel network and investing in further product development.” Presidents of DocuWare, Dr. Michael Berger and Max Ertl, similarly affirmed, “Having Ricoh as a strong investor and owner gives us the certainty that we can achieve our goals and continue to be a reliable, trustworthy and innovative provider for the entire DocuWare partner and customer community.”
The deal is expected to close in the summer of 2019, “subject to receiving clearance from the relevant competition authorities in Germany and Austria and completion of other customary closing conditions. Following completion of the deal, DocuWare will operate as a subsidiary of Ricoh with Dr Michael Berger and Max Ertl remaining as presidents.”
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DocuWare office automation solutions deliver smart digital workflow and document control that set a new pace for worker productivity and business performance. DocuWare’s zero-compromise cloud services are a recognized best-fit for digitizing, automating and transforming key processes. DocuWare operates in 90 countries with headquarters in Germany and the U.S.
Ricoh is empowering digital workplaces using innovative technologies and services enabling individuals to work smarter. For more than 80 years, Ricoh has been driving innovation and is a leading provider of document management solutions, IT services, commercial and industrial printing, digital cameras, and industrial systems.
Headquartered in Tokyo, Ricoh Group operates in approximately 200 countries and regions. In the financial year ended March 2019, Ricoh Group had worldwide sales of 2,013 billion yen (approx. 18.1 billion USD).