MTI Technology acquired by Ricoh

Ricoh's presence in the European IT services market has been strengthened by the acquisition of solutions provider MTI Technology.

MTI has three sites across the UK and for the past 20 years specialised in cyber and data security, data centre modernisation, IT managed services and IT transformation services. 

The company employs over 200 staff and will continue to operate under its existing name as a separate entity of Ricoh.

According to MTI's CEO Scott Haddow the deal will benefit MTI financially and positions it in the global market.
“Our mission is to help customers accelerate digital transformation by modernising their IT systems and refining IT operations with security assurance as standard and privacy by design," he stated. 

"Becoming a Ricoh company means we can take this to the next level.”

Ricoh Europe CEO David Mills added: “This acquisition enables us to expand our IT services expertise across EMEA and to build on our existing competences around data centre transformation, cyber security and other IT transformation offerings. 

"We are acquiring a fast growing and agile IT services company while inheriting a proven and dynamic leadership team.”

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