NER-DATA SELLS IMAGING UNIT TO
CLOVER TECHNOLOGIES GROUP
NER to Sell Imaging Supplies and Printer Parts Business Units
to Clover Technologies Group
Sale will provide additional
resources for growing MPS and Data Center Solutions divisions
GLASSBORO,
N.J. — NER Data Products, Inc. (NER) announces the sale of the NER
Imaging Supplies division and its wholly owned printer parts subsidiary
Image1 to Clover Technologies Group Inc. (Clover). The agreement will
transfer all imaging activates including compatible laser toner, inkjet,
narrow and wide impact ribbon production, and printer parts to Clover.
Clover
will assume responsibility for the NER Denver, Image1 Plano, and NER
Glassboro supplies operations that support these business units.
Customer and vendor relationships will be assumed by Clover and business
will continue at all of these locations. In addition, NER is pleased to
announce that over 80% of the NER employees at these locations will
become employees of Clover as of the first of the year.
“The
decision to sell off business units is not taken without great
consideration,” said Stephen Oatway, President of NER Data Products,
Inc. “Approximately seven years ago, we began the process of
strategically transitioning the company from offering commodity products
to offering value-added solutions. As a result of our efforts, we have
become a leader in both Managed Print Services and Data Center
Infrastructure Solutions. In reviewing the direction of the company it
was determined that a concentrated focus on these divisions was in the
best interest of the company, shareholders, and customers moving
forward. This strategic move allows us to focus resources on those
business units that are poised for the greatest growth in the future.”
The
sale will be finalized December 31, 2009 and terms of the transaction
are not disclosed. The newly reorganized NER will be strongly positioned
to continue providing industry-leading Managed Print Services and Data
Center Infrastructure Solutions to their channel partners and their
customers.Current customers for Imaging Supplies and Image1 products can
find information about the business transition on the NER website —
www.nerdata.com
About NER Data Products, Inc.
Founded in 1971,
NER is a unique blend of manufacturer, value-added distributor (VAD),
and solutions developer with an offering of Managed Print Solutions and
Data Center Infrastructure Solutions. Our solutions integrate with
complementary technologies from industry-leading partners and are
deployed through value-added services. NER reduces complexity in many
business environments, resulting in cost-savings, while allowing for
scalability and growth. Learn more about NER at www.nerdata.com.
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