Standard Register Acquires InSystems
NU Online News Service, July 8, 11:30 a.m. EST?Standard Register, an information solutions provider, announced that it has completed its planned $89-million (U.S.) cash acquisition of Toronto-based InSystems Technologies, Inc., which offers e-business solutions for financial services organizations.
"With InSystems' outstanding team, technology and customer relationships combined with ours, we have the advanced solutions, technologies and talent to help companies improve processes and organize, manage and distribute information in both paper and digital infrastructures," said Dennis L. Rediker, president and chief executive officer of Standard Register.
InSystems' Calligo document-automation software helps organizations create, manage and distribute highly personalized, error-free documents, Standard Register said.
Calligo also automates business processes including compliance filings, document fulfillment and customer service. InSystems eXterity extended relationship management (XRM) software enables organizations to interact seamlessly via the Internet with their entire value network, including customers, suppliers, partners, regulators, and other constituents, the company said.
Standard Register's technology offerings include SMARTworks e-business solutions that connect buyers and suppliers of business printing and also provide management tools designed to reduce companies' costs associated with designing, procuring, distributing, and managing printed and electronic documents, the company said.
InSystems will operate as a subsidiary of Standard Register.
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