SPS acquired Document Management business from Kodak in Asia:
SPS has acquired the Document Management business from Kodak in mainland China and Hong Kong. The transaction is effective January 1, 2021.
The rapidly growing economy in Asia offers outstanding opportunities for SPS to extend market presence around Digital Mail Services, Document Management (scanning, data capture, archiving) and Business Process Services (e.g. payments, invoice processing, claim handling) to new markets.
With this transaction, SPS gets access to multiple blue-chip clients in the banking and insurance industry in mainland China and Hong Kong as well as more than 300 skilled employees in various delivery centers. This is the basis for further cross-selling and revenue growth in Asia!