Going the route of growth through acquisition, Xerox (XRX) is buying Global Imaging Systems (GISX), a huge distributor of "copiers, fax machines and printers" and related services to small business customers in North America. As I posted here in February, Xerox's latest new color printers have been targeted for Small and Medium Business (SMB), and this channel acquisition effectively "buys distribution" for Xerox into this customer base at the expense of GIS's current major suppliers, Richoh, Konica Minolta, and Sharp.
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It wasn't too long ago that BOE was a local company that was purchased by Global... a second buyout in a year. That can't be easy on corporate culture.