#carear

This Week in Imaging: A Look at Recent Acquisitions

Photo by Sora Shimazaki from Pexels The beginning of this new year has seen a number of acquisitions, including the most common, document-imaging dealers acquiring other document-imaging dealers, or managed services or print companies. Other acquisitions this week included Ricoh Europe’s acquisition of a digital-service company in pursuit of its strategy to expand into digital services. We tend…

Xerox’s CareAR Acquires 3D Visualization and Augmented Reality Company

With CareAR technology, IT support can guide users in real-time in how to fix equipment. CareAR, a Xerox company that provides augmented reality service management, announced today that it’s acquired MagicLens for an undisclosed sum. MagicLens is a 3D visualization and augmented reality (AR)-based platform designed to showcase industrial products. It leverages computer-aided design (CAD) data to…

Xerox Announces Cloud-Computing Infrastructure Deal with Oracle

Xerox announced today a new multi-year deal with Oracle, with Oracle providing cloud-computing infrastructure and software for various Xerox ventures, in a move designed to fast-track new Xerox ventures, such as 3D printing and industrial Internet of Things solutions. According to Naresh Shanker, Xerox senior vice president and chief technology officer, the goal is to incubate new Xerox…