Xerox Completes Acquisition of Amici LLC

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July 25th, 2006 Leave a comment Visited 18 times, 1 so far today

Xerox Completes Acquisition of Amici LLC

Xerox Corporation (NYSE: XRX) has completed the previously announced acquisition of Amici LLC for $174 million – officially launching the Xerox Litigation Services line of electronic discovery and records management services.

Xerox Litigation Services combines records management consulting from Xerox Global Services with Amici’s e-discovery technology to give customers an efficient and secure way to collaborate with law firms, partners and government agencies on litigation and regulatory compliance matters.

E-discovery is the identification, filtering, production and storage of relevant data from paper or electronic documents, like e-mail, text files, memos, databases, presentations and spreadsheets. Projected to grow at an annual compounded rate of close to 40 percent, e-discovery services could be a nearly $2.5 billion market in the U.S. by 2009, according to industry research firm IDC.

Former Amici CEO Craig Freeman now becomes vice president and general manager of Xerox Litigation Services. Freeman has been responsible for the design and implementation of e-discovery systems for some of the most complex litigation matters in the country. He was the co-leader of the Discovery Services practice at Navigant Consulting and has overseen the evolution of various Discovery technologies since the 1980’s.

Read the complete Press Release





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