The OEM announced the acquisition of the IT services company.
Yahoo Finance reported that Altuscio will continue under its own name as a subsidiary of Konica Minolta. The company brings expertise “in cloud, IT security and the management of IT systems” and was established in 2001.
Todd Croteau, President of All Covered, the IT Services division of Konica Minolta, said: “We are very pleased to have the Altuscio team of almost 50 employees and its customers join the Konica Minolta family. Since their founding, they’ve provided outstanding customer service and have built a very strong reputation. Their rapid expansion over the last few years is a sign of how well their services have been accepted by the market.”
Ben Siliman, CEO and founder of Altuscio, Ben Siliman, added: “I am delighted for our employees and customers that we are joining Konica Minolta. We share a common culture that places high value on customer satisfaction and service excellence. I’m looking forward to sharing with our customers the extensive range of additional services they will now have access to.”