Thursday, October 18, 2007

Fuji Xerox acquires Kaz business process unit

FUJI Xerox has boosted its Australian business process outsourcing resources with the acquisition of the BPO operation of Kaz Group, the wholly-owned IT services subsidiary of Telstra.

Fuji Xerox managing director Andy Lambert said the Kaz BPO division would be integrated in to the Fuji Xerox Global Services unit.

The terms of the sale were not disclosed.

FXGS general manager Andy Berry said the acquisition would give the company the opportunity to leverage its existing strengths in outsourcing and document management.

“The purchase of the KAZ BPO division strengthens our service delivery capability, increasing the value delivered to both our own, as well as to KAZ BPO customers,” Mr Berry said.

“We expect seamless business continuity for KAZ BPO customers and foresee long term growth for staff and customers alike.”

Kaz managing director Mike Foster said the BPO unit was not considered core to the company’s operations and that clients would be better sold with the unit in the hands of a specialist.

“We considered a number of options for the KAZ Business Process Outsourcing (BPO) division and determined that as it was not core to our ICT services strategy, it would be in the best interests of our employees and our clients to take a decision now to sell the business to Fuji Xerox Australia,” Mr Foster said in a statement.

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