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Volume 11 - Number 19_IMT | September 14, 2007
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Xerox Enters Mortgage Technology Sector With Advectis Acquisition

Xerox Corp. plans to move into the mortgage technology field by acquiring Atlanta-based Advectis, developer of the BlitzDocs suite of products. The cash transaction is valued at $32 million. The current slump in the mortgage market did not deter Xerox from...

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