Sep 2017 - Market Note - Doc # US43031617
Novitex Merges with SourceHOV to Form Exela Technologies
This IDC Market Note provides an overview of the merger of Novitex and SourceHOV, which was completed in July 2017, to form Exela Technologies. The document gives a summary of the merger details and positioning of Exela Technologies in the document outsourcing industry with its combined technologies.
On July 12, 2017, Exela Technologies, formerly known as Quinpario Acquisition announced it finalized its business combination with SourceHOV Holdings and Novitex Holdings to become one of the largest global providers of transaction processing and enterprise information management solutions.