Konica Minolta Acquires Meridian Imaging, Expands as Strategic Solutions Provider
RAMSEY, N.J. — March 16, 2016 — Konica Minolta Business Solutions U.S.A. (Konica Minolta), has announced the acquisition of Meridian Imaging Solutions, a hybrid company with Managed Print and IT Services, in an effort to expand its footprint in the Washington, DC, area. With strong government and commercial operations, Meridian has a 30-year record of success and a national reputation for service excellence and integrating office technologies.
The acquisition accelerates Konica Minolta's main areas of growth — Managed Print and IT Services — and aligns with the concept of being a full-service provider for the future of the workplace. As part of the agreement, Meridian's headquarters will remain in Alexandria, Va., and will retain its 115 employees throughout various branch offices.
As a wholly owned subsidiary of Konica Minolta Business Solutions, Meridian will continue to deliver innovative, high-quality solutions in office automation and operate under the current leadership of President and COO Matt Williams.
"The acquisition of Meridian aligns well with our vision of transforming the workplace of the future by providing solutions to drive efficiency and workflow across business operations," says Rick Taylor, president and COO, Konica Minolta Business Solutions U.S.A. "Meridian's proven ability to solve problems for their customers along with their IT Services and Content Management capabilities are a perfect fit with our strategic direction."
Meridian's customers will have access to Konica Minolta's award-winning line up of products, applications and services, including the All Covered IT division which offers a range of IT strategy, support, project and cloud computing solutions across all verticals.
"Having worked with Konica Minolta over the last 12 years we know first-hand how well their culture, direction and commitment to customer service aligns with ours," notes Williams. "The Konica Minolta product line offers proven reliability and allows us to continue to service our customer base without interruption. We are very excited for this opportunity to expand our resources in the DC market and continue to make Meridian a great place to work."
This is Konica Minolta Business Solutions' 21st acquisition in the last four years.
With 8,000 employees, it is part of Konica Minolta, a world leading global technology company investing more than $500 million annually in research and development.
About Konica Minolta
Konica Minolta Business Solutions U.S.A. is a leader in information management focused on enterprise content, technology optimization and cloud services. The company's portfolio of offerings deliver solutions to improve our customers' speed to market, manage technology costs, and facilitate the sharing of information to increase productivity. The All Covered IT Services division offers a range of IT strategy, support, project and cloud computing solutions across all verticals. Konica Minolta has won numerous awards and recognition, including placement in the Leaders Quadrant on the Gartner 2014 Magic Quadrant for Managed Print Services (MPS) and Managed Content Services (MCS). Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for nine consecutive years. Konica Minolta has also been named to the Dow Jones Sustainability World Index for four years in a row.
Source: Konica Minolta.