OCR Canada Acquires EXA Systémes Inc.

Ricoh Canada Acquires ET Group

February 3, 2026

IT Services

Ricoh Canada has acquired ET Group, a Toronto-based workplace technology and collaboration integrator focused on secure enterprise audiovisual (AV) and hybrid workplace solutions. ET Group will operate as a wholly owned subsidiary of Ricoh Canada while continuing to run independently under its existing leadership team.

ONDEX Automation Acquires Vision and Control Systems (VCS)

August 21, 2025

Industrial Services

ONDEX Automation, a Shore Capital-backed factory automation platform, has acquired Vision and Control Systems (VCS), a machine vision and systems integrator with locations in Springfield, New Jersey and Greenville, South Carolina. The deal — ONDEX's fourth acquisition since April 2024 — expands ONDEX's machine vision, barcode reading, robotics, motion control, and PLC programming capabilities across medical devices, life sciences, food & beverage, logistics, and general industrial markets.

Descartes Systems Group Acquires OCR Services for About $90 Million

March 28, 2024

Software

Descartes Systems Group has acquired Rockville, Maryland–based OCR Services, a provider of global trade compliance solutions and content, for approximately $90 million in cash. The acquisition adds OCR’s GlobalEASE platform and controlled export data to Descartes’ Global Trade Intelligence offerings, expanding content and capability to better serve multinational customers and partners.

Quest Global / Quest Defense Acquires EXB Solutions

September 1, 2022

Engineering Services

Quest Global has acquired EXB Solutions and integrated it into its U.S. subsidiary Quest Defense Systems & Solutions. The acquisition expands Quest Defense's systems and software engineering capabilities for mission- and safety-critical applications across the aerospace, defense and medical devices markets.

Escher Group Acquires Helsinki-based Syslore

September 2, 2021

Software

Escher Group has acquired Helsinki-based Syslore to integrate Syslore’s AI-powered OCR, address-matching and parcel automation technologies into Escher’s postal and parcel platforms. The deal strengthens Escher’s capability to reduce manual sortation and improve cross-border customs data capture for postal operators and couriers globally.

Xerox Acquires Groupe CT to Expand Canadian SMB Document Management Footprint

April 26, 2021

IT Services

Xerox has acquired Groupe CT, an independent document management provider based in Laval, Quebec, to deepen its presence in the North American small and midsize business (SMB) market. The acquisition broadens Xerox’s managed document and workplace solutions in Eastern Canada; terms were not disclosed.