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Johor acquisition adds managed document services to Ricoh Malaysia portfolio

AvantiKumar | July 14, 2015
Ricoh has boosted its ICT managed services offerings with the acquisition of Nassion Systems, said Ricoh Malaysia's Peter Wee.

Ricoh - M&A 

Photo- (From left ) Tang Chen Chen, General Manager - Finance & Admin/TQM, Ricoh (Malaysia) Sdn Bhd Peter Wee, Managing Director, Ricoh (Malaysia); Danny Fan, Chief Executive Officer, Nassion Systems (M) Sdn Bhd; and Audrey Fan, Finance Manager, Nassion Systems (M).

 

Digital imaging and print solutions company Ricoh Malaysia has boosted its ICT and managed document services portfolio with the recent acquisition of local ICT and telecommunications services provider Nassion Systems.

During the announcement in Kuala Lumpur, Ricoh Malaysia's managing director Peter Wee said the combined expertise will give added value to Ricoh's Managed Services Solutions offerings to the small and medium business and corporate services sectors in Malaysia.
 
Based in Johor, Nassion Systems specialises in managing ICT infrastructure, providing telecommunication solutions, as well as support with a Network Operations Centre (NOC), said Wee. Their services include providing network infrastructure connectivity, data centre security solutions, corporate Wide Area Network (WAN) and internet access connectivity, as well as technical support.

"We are excited to embark on this new journey with the knowledge and know-how that Nassion Systems is able to bring to the table," he said.  "We are confident that with this acquisition, we would be able to enlarge Ricoh Malaysia's IT Services portfolio with value-added capabilities and offerings, as well as increase our IT Services share among our existing clientele."

Nassion Systems' chief executive officer, Danny Fan, said: "I am extremely pleased and excited about our people at Nassion Systems becoming part of the Ricoh Malaysia family as I see a strong fit with Ricoh's IT Services' strategic direction. By coupling Ricoh's expertise with our managed services capability, we are certain of a bright future for our employees, customers and business."

Ricoh's Wee, when recently promoted to chief executive, announced that Ricoh would continue growing its IT services portfolio through developing talent as well as acquisitions.

 "We are continuing to streamline business workflow, simplify work and increase performance with quality services and products to our customers, consistent with the Ricoh philosophy, 'Imagine. Change.' to better serve our customers," he said.

Ricoh Malaysia was also recently awarded the Applications Service Provider (ASP) Class License by the national regulator Malaysian Communications and Multimedia Commission (MCMC), which now allows Ricoh to provide telecommunication facilities as well as services to the market.

Advisors to the acquisition transaction were Ernst & Young and Koh & CH Tay Advocates & Solicitors.

 

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