Konica Minolta Acquires the Assets of Hershey Technologies to Continue ECM Expansion

SAN DIEGO and RAMSEY, N.J.—July 20, 2015—Konica Minolta Business Solutions U.S.A., has announced that it has acquired the assets of Hershey Technologies of San Diego. The move deepens the company's enterprise content management (ECM) portfolio for data capture, business process automation and ECM.

As a result of the acquisition, Konica Minolta's customers will have access to a broader range of solutions, services and support. Hershey Technologies has been a recognized ECM systems integrator for almost 25 years, providing customized document automation and records management solutions to meet unique corporate requirements. The company's suite of hardware, software and professional support is focused on:

• Data Capture Solutions: Multi-channel Capture, Document Imaging, Advanced Document Recognition, OCR Data Extraction, Electronic Forms Management
• Enterprise Content Management: Document Management, Records Management, Line of Business Integration
• Business Process Automation: Graphical Workflow Solutions, Reporting, Notification, Versioning, Audit Tracking

"The addition of Hershey Technologies strengthens our partner offerings of Kofax document and data capture solutions, while adding SharePoint solutions and services to our already robust portfolio," said Sam Errigo, senior vice president, Business Intelligence Services, Konica Minolta Business Solutions U.S.A. "Our ability to integrate with SharePoint solutions is especially viable for mid-sized businesses, giving them another reason to choose Konica Minolta for their enterprise content needs."

The acquisition also brings Hershey Technologies staff of highly skilled professionals to Konica Minolta's workforce, expanding its talent pool to more than 8,000 employees providing world-class services and solutions to its customers.

This latest acquisition aligns with Konica Minolta's vision of verticalized core competencies, based on a product portfolio tailored to the specific needs of targeted industries and customers.

About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is one of the world's leaders in information management focused on enterprise content, technology optimization and cloud services. Our portfolio of offerings deliver solutions to improve our customers' speed to market, manage technology costs, and facilitate the sharing of information to increase productivity. The All Covered IT Services division offers a range of IT strategy, support, project and cloud computing solutions across all verticals. Konica Minolta has won numerous awards and recognition, including placement in the Leaders Quadrant on the Gartner 2014 Magic Quadrant for Managed Print Services (MPS) and Managed Content Services (MCS). Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for eight consecutive years. Konica Minolta has also been named to the Dow Jones Sustainability World Index for three years in a row.

Source: Konica Minolta.