More on Xerox-ACS
It sounds like my enthusiasm for the Xerox-ACS acquisition was not as universally shared as I candidly hoped. Lots of reactions about it, some good, some not so much.
In any event, I am not a specialist by far, but if you want to know more about it, you can can check out this very good post: “The ACS-Xerox deal – was it a smart move?”. Excellent and very convincing material (at least to me!).
The part I like the most is a commentary from the Wall Street Journal: “Xerox hopes to marry its document technologies with ACS’s paper-heavy processing work. t can use its overseas presence to expand ACS. Xerox also is paying a reasonable price of about 13.5 times consensus fiscal 2010 earnings, well below the 29 times that Dell is paying for Perot. Investors may be overreacting. It’s not a smooth and easy road, but I am confident it will pay off.
