Xerox Holdings Corp. has expanded its IT services with the acquisition of Competitive Computing, which offers digital services and cloud solutions throughout New England and nationwide. Financial terms of the acquisition were not disclosed.
“We’re focused on expanding the reach of Xerox IT services to offer our clients automation, digitization and security to lower operating costs, increase reliability and improve productivity,” said Joanne Collins Smee, chief commercial, SMB and channels officer at Xerox. “C2’s capabilities and scale will help accelerate our growth, creating new avenues for us to support growth for small and medium-sized businesses.”
The acquisition is part of Xerox’s commitment to expand its IT services business. Xerox acquired both ITEC Connect, a leader in IT services in the U.K., and Digitex, an IT services provider in Canada, in March 2020. The global IT services market is sized at more than $350 billion annually.
“We are thrilled to join the Xerox IT Services team. After serving Vermont, New England and national clients for over 28 years, our company and team members are ideally positioned to contribute to the growth of Xerox IT Services,” said C2 Co-founder and CEO Marty Thieret. “Together with Xerox, we will broaden the portfolio of high value IT and business services for our expanding client base, offer tremendous employee growth opportunities and continue investing in the Vermont community.”
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