KDI Office Technology has announced the recent acquisition of ImageNet, a provider of document management technology solutions in the Philadelphia market. Since 1996, ImageNet has helped companies and organizations, in both the private and public sector, manage, archive, store, secure and maintain all the critical documents that are part of every organization, according to a KDI press release.
“As we welcome the ImageNet brand into the KDI family, we believe their expertise with document management solutions will greatly contribute and expand the depth of our current product offerings,” says Rick Salcedo, KDI President & CEO. The acquisition supports KDI’s business growth to their existing and future customer base. Salcedo continued, “This is an exciting time for KDI as this acquisition elevates our company into the true market of office automation. We’re no longer just a copier company.”
KDI will offer all of ImageNet’s capabilities, providing an even deeper range of services. United by a common business culture, this new alliance will elevate KDI to the front-runner of the Document Management industry, enhancing the company’s future growth and performance.
“From government agencies to financial, insurance, and medical markets, our team’s experience in working with several industries is a nice fit with KDI,” says Leighton Forbes, ImageNet president. The ImageNet employees will continue with the organization and operate out of their existing Malvern, PA office. Forbes will join the KDI organization as well, heading up the role of sales director, Managed Services. “The two companies have a great synergy. This is a wonderful opportunity for all of us – employees and customers alike.”
Operating as ImageNet, a KDI Company, the business will continue to provide document management solutions ensuring the user’s productivity, according to KDI.
The acquisitions beat goes on, and will undoubtedly continue to go on. It just seems there are too many tempting acquisitions targets out there to pass up, and KDI, a Canon and Ricoh dealer, found one of those tempting targets in ImageNet. When one digs deeper into the offerings that ImageNet provides, from ECM, to MPS, to Managed IT, to document management, as well as digital displays, 3D printers, and hardware from the likes of Canon, HP, Konica Minolta, Kyocera, and Lexmark, it's not just a good pick up for KDI, it's got all the components of a great one, especially when diversification is the business model for the dealer of the future.
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