UBM becomes latest Visual Edge acquisition
March 13, 2018
Visual Edge Technology has acquired another company, with its recent run of acquisitions seemingly showing no signs of slowing down.
The Ohio-based company has purchased United Business Machines, of Londonderry, New Hampshire, a 33-year-old office equipment dealer, reports The Imaging Channel. UBM will continue to trade in its current guise, albeit under the control of Visual Edge subsidiary Axion Business Technologies. It will retain all of its present employees, and Ken Lamalfa, UBM’s former owner, will stay on as branch manager.
Axion’s President, Robert Ferland, said: “By joining forces with Visual Edge, UBM will have full access to an expanded portfolio of managed print, managed network services, document management, and productivity software, allowing them to go deeper and wider into their accounts and truly sell a total-solutions strategy to their customers. With the financial strength of Visual Edge behind both Axion and UBM, this is really our first chance for organic expansion, especially in the northern New England territories of New Hampshire, Maine and Vermont.”
Categories : City News
Tags : Acquisitions Axion New Hampshire United Business Machines Visual Edge
