Xerox Corp. said Monday it has completed its roughly $6.4 billion acquisition of Affiliated Computer Services Inc., an outsourcer that, among other things, processes credit card applications for issuers.
Affiliated also activates accounts, makes welcome calls to new cardholders and handles customer service and collections on behalf of issuers.
The Dallas company offers similar back-office services to mortgage and student lenders and other financial services providers, and to a range of nonfinancial industries.
Xerox, of Norwalk, Conn., announced the deal in September.
