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| Edited By: |Source: Reuters |Updated: Mar 30, 2018, 04:06 AM IST
Ricoh India, a unit of Japan's Ricoh Co Ltd, is in talks to acquire an Indian IT services firm and hopes to close the deal by May this year, managing director N Maitra, said on Thursday.
The Indian unit, nearly 74% owned by Ricoh Co, plans to invest Rs1 billion over 3 years for expansion.
Ricoh Co competes with Xerox Corp and Canon Inc in printing and imaging solutions market.
