Lexington, KY, December 2015 — Commonwealth Technology, Inc. a wholly owned subsidiary of Visual Edge Technology, Inc. has completed the acquisition of LEXNET of Lexington, KY, an independent IT Solutions/Managed Network Services company in the Lexington Metro area.
LEXNET provides sales and service of IT Solutions and Managed Network Services. The LEXNET acquisition will give Commonwealth Technology increased IT Solutions coverage in central Kentucky.
Craig Rouse, LEXNET President, stated, “In a rapidly consolidating industry, it is extremely important for us to operate from a stronger competitive position by becoming part of the Commonwealth Technology group within the Visual Edge family of companies.”.
Commonwealth Technology President, Troy Turner related, “LEXNET is made up of high quality, dedicated professionals. This key acquisition of LEXNET will strengthen our market position across Kentucky. LEXNET enables us to focus on continuing to providing high quality document services and IT solutions to the small, mid-size, and major account business community.”
About Visual Edge Technology, Inc.
Visual Edge Technology, a family of Imaging Solutions Companies, incorporates a strategy of operating through established dealerships across the U.S. focused on providing a broad line of office solutions including the sale and service of automated multifunction products, wide format solutions, manage print services, document management software, network management services, and IT solutions. Visual Edge sells products supplied by Konica Minolta, Canon, Kyocera, Sharp, Samsung, and Muratec. Through its acquisition strategy, Visual Edge will continue to identify successful companies that focus on providing simple solutions to complex challenges.
