Story perspectives

Ricoh Sells IT Division to Netrix for $100M

11/5/2025

47 4

Summary

Story summary

Ricoh Co., Ltd. sold its U.S. Managed IT Services division to Chicago-based Netrix Global for over $100 million.
The deal advances Ricoh's plan to streamline operations and accelerate its transformation into a digital services company, focusing on imaging, AI, and automation.
Netrix Global expands in cloud integration and cybersecurity and gains healthcare and education clients.
Integration of Ricoh's IT personnel into Netrix's operations will occur over the next six months.

1 of 1

Story summary

Ricoh Co., Ltd. sold its U.S. Managed IT Services division to Chicago-based Netrix Global for over $100 million.
The deal advances Ricoh's plan to streamline operations and accelerate its transformation into a digital services company, focusing on imaging, AI, and automation.
Netrix Global expands in cloud integration and cybersecurity and gains healthcare and education clients.
Integration of Ricoh's IT personnel into Netrix's operations will occur over the next six months.