BYTES TECHNOLOGY GROUP BUY XEROX’S SA SUBSIDIARY

Computing

Xerox Corporation and Bytes Technology Group last week announced their agreement for Xerox to sell its equity interest in its South African subsidiary to its current joint venture partner, the Bytes Group. As a result Xerox S.A. (Pty) Ltd will change its name to Xeratech (Pty) Ltd who becomes the exclusive distributor of Xerox products in South Africa and in neighbouring countries in Southern Africa, under the terms of a 10-year agreement.