Xerox has acquired Groupe CT, an independent document management provider in Eastern Canada.

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Xerox has acquired Groupe CT, an independent document management provider in Eastern Canada.
For the year ended 31 March 2021 sales revenue and profit decreased compared with the year ended 31 March 2020, due to the impact of the economic downturn caused by the spread of COVID, the company said.
New deals show that some markets are starting to bounce back, the company said.
The company has released its first quarter financial results, showing a 83.73% increase year-on-year in operating income.
CVC Capital Partners (CVC) approached Toshiba in recent weeks with a takeover bid that is said to be worth $20 billion (€16.7 billion).
The company said that increased demand drove equipment revenue and IT Services growth.