Published on the 09/11/2015 | Written by Newsdesk
Canon Australia has fully acquired The New Zealand Post Group’s managed services and business process outsourcing company, Converga, for an undisclosed sum…
The decision to acquire Converga, which specialises in business process outsourcing with a focus on digital document solutions, provides Canon with the ability to drive further growth by delivering value-based solutions to the market. This is Canon’s second major technology acquisition in less than 18 months, following the majority stake acquisition of Harbour IT.
Converga will remain a standalone business, with the same management team and structure. The business will retain its independence and management autonomy, while benefitting from Canon’s investment, brand, leadership and product suite.
Canon Oceania MD Yusuke Mizoguchi said the company intends to invest in and grow Converga, noting that the acquisition “enables us to expand our capability in managed service and business process outsourcing.”
Converga has over 1,300 staff based in offices and technology centres throughout Australia, New Zealand, United States and the Philippines in more than 120 customer locations. NZ Post group CEO Brian Roche said it will be ‘business as usual’. “We anticipate a smooth transition of ownership.”
The acquisition of Converga is Canon’s fourth in four years having previously acquired Harbour IT, Sun Studios and Océ Australia.
