Ricoh Company, Ltd., announced a definitive agreement to acquire DocuWare, a leading provider of Content Services software. Headquartered in Germany and the United States, DocuWare provides cloud and on-premise document management and workflow automation software to over 12,000 customers in more than 90 countries across the globe through a network of 600 partners.
Ricoh has a long-term existing partnership with DocuWare, and employs its software both internally in its own operations and with existing customers.
Ricoh has been investing in digital workplace services by growing both organically and through acquisition. The acquisition of DocuWare is in line with Ricoh’s strategy to grow its digital workplace transformation offering.
The deal with DocuWare is expected to close over Summer 2019, subject to receiving clearance from the relevant competition authorities in Germany and Austria and completion of other customary closing conditions. Following the completion of the deal, DocuWare will operate as a subsidiary of Ricoh with Dr. Michael Berger and Max Ertl remaining as presidents.