Xerox sells units in South America

Xerox has sold its operations in Argentina and Chile to a local player.

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Xerox has sold its operations in Argentina and Chile to a local player.

The businesses have been acquired by Grupo Datco, a technologies and fibre optic network services provider in Latin America, for an undisclosed sum.

Following this transfer of ownership, the new companies will operate as independent entities. Datco will continue to service Xerox devices previously sold in Argentina and Chile and will now become the exclusive partner for Xerox in these markets. At the same time, Xerox said it would “continue to uphold its brand presence in the region through its network of partners”.

The deal forms part of Xerox’s Reinvention plan, under which the OEM will move to a partner-led model in certain geographies.

Norwalk (CT), USA