TOSHIBA BUSINESS SOLUTIONS COMPLETES 51ST DEALER ACQUISITION IN KEY CHICAGO MARKET
Latest Dealer Acquisition Gives Toshiba Expanded Access to Illinois Customers
IRVINE , California ( Aug 24, 2007 ) :
In a strategic move to expand Toshiba’s market share in the nation’s third-largest metropolitan area, Toshiba Business Solutions (TBS) today announced the acquisition of leading Chicago-based office products dealership, Advanced Business Tech, Inc. (ABT). This acquisition marks the 51st dealer acquisition for TBS since the inception of the company’s business expansion plan, further growing TBS’ nationwide network of wholly owned subsidiary operations.
“We are very excited about Advanced Business Tech joining the TBS organization. Becoming part of the Toshiba family strengthens our ability to provide our customers with document management solutions that will improve their businesses, while increasing Toshiba’s presence and market share in the Windy City,” said Harry Talanian, president, ABT. “The key benefit of aligning with Toshiba is that we will continue to provide a high level of personalized service to our valued customers, while benefiting from Toshiba’s worldwide resources and industry-leading technology.” In addition to ABT’s Arlington Heights headquarters, the dealership has an additional facility in Chicago Loop, Ill. Well known locally for providing exceptional customer service, ABT employs 45 professionals and has been serving the metro Chicago and surrounding areas’ document solutions needs since 1982. Talanian will continue to serve as president and the location will begin to do business as Toshiba Business Solutions-Illinois.
“Our most recent acquisitions have been in key strategic markets for TBS, covering Dallas and Chicago, which help to round out national coverage for the TBS organization,” said Wayne Wilkinson, vice president/general manager, TBS. “We intend to grow rapidly in Chicago due in large part to the significant market opportunities and the outstanding management team at ABT. Further market growth opportunities will come in this area as we continue to look for additional acquisitions to add to the scale of our newest core subsidiary location.”
About Advanced Business Tech, Inc.
Founded in 1982, Advanced Business Tech, Inc. provides the greater Chicago metro area with a full-service document management solutions, products and services. Over the last decade, ABT has become one of the fastest-growing copier and facsimile dealerships in the country, combining uncompromising service and the most knowledgeable and highly-trained technical staffs in the business.
About Toshiba America Business Solutions Inc.
Toshiba America Business Solutions Inc. (TABS) manages product planning, marketing, sales, service support and distribution of copiers, facsimiles, multifunction printing products, network controllers and toner products throughout the United States, Mexico, Brazil, Latin America and the Caribbean. Headquartered in Irvine, Calif., TABS has four divisions: the Electronic Imaging Division; the Toner Products Division; the Document Solutions Engineering Division; and TOPAC U.S.A., Inc., dba Toshiba Business Solutions (TBS), a wholly-owned subsidiary corporation of TABS, that operates a network of wholly owned office equipment dealers throughout the United States.
Named the most favored manufacturer eight times by the Business Technology Association (BTA), Toshiba’s entire product line, customer support and marketing distribution policies are markers for the industry. Among the many other awards garnered in recent years, Toshiba was named the “Manufacturer of the Year” seven times by Marketing Research Consultants (MRC), and has twice been named to the CIO 100 for being among the top 100 “bold” (2005) and “agile” (2004) companies in the world.
TABS is an independent operating company of Toshiba Corporation, the seventh largest electronics/electrical equipment company and the world's 91st largest company in terms of sales. Ranked by Fortune magazine as the 10th Most Admired Electronics Company in the World, Toshiba Corporation is a world leader in high technology products with more than 300 major subsidiaries and affiliates worldwide. Fiscal year revenue in 2006 was approximately $60 billion.
For more information on Toshiba copier, facsimile, multifunction printing products, network controllers or toner products, or for a dealer in your area, call (800)-GO-TOSHIBA or visit the TABS Web site at www.copiers.toshiba.com.