Ricoh makes landmark acquisition of MTI Technology to significantly grow IT Services capabilities
London/Wallisellen, 13 October 2020 – Ricoh customers across Europe are set to benefit from enhanced IT Services and support through the company’s acquisition of MTI Technology.
Headquartered in the UK, MTI Technology has over 200 employees based across locations in Germany (5), the UK (3) and France (2). The company has helped thousands of organisations to transform their IT operations by leveraging the latest technologies, reducing operating costs, and becoming more flexible while mitigating risk.
Scott Haddow and his team bring a
wealth of experience to Ricoh.
The acquisition will enable Ricoh customers to gain access to MTI Technology’s expertise and competencies in Cyber & Data Security, Datacentre Modernisation, IT Managed Services and IT Transformation Services. MTI Technology customers will benefit from Ricoh’s global visibility, continuous support, financial capacity, IT infrastructure and international area of influence. They will also have access to the wide range of Ricoh products, which include document management systems, business process services, production printing solutions, workplace management, digital cameras and industrial systems.
MTI Technology will continue to operate under its existing name as a separate Ricoh entity.
Alberto Mariani, Senior Vice President, Office Services, Ricoh Europe, says: “This acquisition is a genuine game changer in the IT Services space and fits perfectly with Ricoh’s strategy to transform into a digital services company. MTI Technology has a very strong and capable Board of Directors and European management team and they will all maintain their current roles and responsibilities. Their expertise, along with the company’s existing portfolio of services, supports our abiity to offer an even more comprehensive breadth of IT and Digital Services.”
David Mills, CEO, Ricoh Europe, adds: “This exciting acquisition enables us to expand our IT services expertise across EMEA and to build on our existing competences around data centre transformation, cyber security and other IT transformation offerings. We are acquiring a fast growing and agile IT Services company while inheriting a proven and dynamic leadership team.”
Scott Haddow, CEO, MTI Technology, concludes: “Our mission is to help customers accelerate digital transformation by modernising their IT systems and refining IT operations with security assurance as standard and privacy by design. Becoming a Ricoh company means we can take this to the next level.”