Virginia Business Systems acquires Data Technologies
Document management company Virginia Business Systems (VBS) has acquired Data Technologies of Richmond.
Financial details of the acquisition were not disclosed.
Virginia Business Systems, also headquartered in Richmond, will increase its workforce from 80 to 90 employees after the acquisition, according to Jim Dotter, president of Virginia Business Systems.
The acquisition also will grow VBS’ client database and expand resources available to former Data Technologies customers, Dotter said.
Virginia Business Systems provides products and solutions from vendors in the industry such as Konica Minolta, Xerox, Lexmark, Muratec, KIP and Hewlett Packard.
With the acquisition of Data Technologies, the company have also added Sharp to its vendors.
VBS’ customers include Fortune 500 companies, colleges, small- and medium-sized businesses, churches, school districts, and local and state governments.