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Ricoh acquires Axon Ivy AG to expand digital process automation capabilities

Tuesday 01. February 2022 - The acquisition of Axon Ivy AG and its renowned digital process automation platform will enable Ricoh customers worldwide to benefit from innovations in software development and faster digital transformation processes.

It also gives them direct access to a powerful, industry-recognised platform for automating and orchestrating business processes with low-code/no-code support.
Axon Ivy is headquartered in Switzerland, with offices in Austria and Germany and subsidiaries in the US and Singapore. The company has more than two decades of experience in developing software platforms and solutions that help customers achieve their digital transformation goals.
Axon Ivy will continue to operate under its existing name as a Ricoh Group company and all employees will be retained. Axon Ivy will continue to provide the same high quality service to its customers and partners. In addition, Axon Ivy customers will benefit from Ricoh’s global reach and access to a broad portfolio of digital services. Ricoh’s solutions are designed to make workplaces seamlessly digital and help businesses realise innovation, increased security and greater sustainability through technology.
Akira Oyama, President of Ricoh’s Digital Services Business Unit, said, “This acquisition is part of Ricoh’s strategic investment in growing our digital services business. It expands our ability to support customers worldwide in their digital transformation and strengthens Ricoh’s position as a Digital Services Company. Axon Ivy has an excellent reputation as a trusted digital enabler and is recognised by customers, subject matter experts and industry analysts. We are delighted to welcome Axon Ivy to the Ricoh family.”
David Mills, CEO of Ricoh Europe, added: “We are very excited about the opportunities this acquisition presents to both Ricoh and our customers. During our own transformation into a global services company with outstanding expertise in document process management, we have recognised that many businesses still struggle too much with complex technology infrastructures and requirements. This prevents them from driving automation beyond simply converting paper into digital data. The acquisition addresses exactly this business challenge. Furthermore, we see a growing demand for software that goes beyond print or documents. With this trend, combined with our customers’ aspirations to accelerate their digital journey, we see a particularly exciting time in the history of Axon Ivy and Ricoh.”
Rolf Gebhard Stephan, CEO Axon Ivy AG, says: “I see tremendous value in becoming part of the global Ricoh family. We have developed one of the most reliable and user-friendly platforms for digital process automation. Our track record is particularly strong in Central Europe. We will continue to focus on our core competencies of technology and flexibility, benefiting in the future from Ricoh’s access to all major markets around the world. My team and I are excited at the prospect of Axon Ivy becoming a global leader in digital automation.”

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