On December 31,Xerox separated its business process service operations, essentially those Cojpany acquired with the purchase of Affiliated Computer Services, into a new publicly traded company, Conduent. Xerox focuses on its document technology and document outsourcing business, and continues to trade on the NYSE. Researchers at Xerox and its Palo Alto Research Center invented several important elements of personal computingsuch as the desktop metaphor GUIthe computer mouse  and desktop computing.
In Chester Carlsona physicist working independently, invented a process for printing images using an electrically charged photoconductor-coated metal plate  Xeorx dry powder "toner". Joseph C. Wilsoncredited as the "founder of Xerox", took over Haloid from his father.
He saw the promise of Carlson's invention and, insigned an agreement to develop it as a commercial product. Looking for a term to differentiate its new system, Haloid coined the term xerography from two Greek roots meaning "dry writing". Haloid changed its name to Haloid Xerox in and then Xerox Corporation in Before releasing theXerox tested the market by introducing a developed version of the prototype hand-operated equipment known as the Flat-plate The was not actually a viable copier because of its speed of operation.
As a consequence, it was sold as a platemaker for the Addressograph-Multigraph Multilith and related sheet-fed offset printing presses in the offset lithography market. Clever electrics turned this into a quick developing and reusable substitute for film. Having started as a supplier to the offset lithography duplicating industry, Xerox now set its sights on capturing some of offset's market share.
The was followed by Profule first automatic xerographic printer, the Copyflo, in The Copyflo was a large microfilm printer which could produce positive prints on roll paper from any type of Krapf Bus Company Jobs negative.
Following the Copyflo, the process was scaled down to produce the microfilm printer. Pink Company Clothes about half the size and weight, this still sizable machine printed onto hand-fed, cut-sheet paper which was pulled through the process by one of two gripper bars.
A scaled-down version of this gripper feed system was to become the basis for the desktop copier. The product was sold by an innovative ad campaign showing that even monkeys could make copies at the touch of a button - simplicity would become the foundation of Xerox products and user interfaces. Rank's Precision Industries went on to develop the Xeronic computer printer and Rank Data Systems Ltd was set up to bring the product to market.
It used cathode ray tubes to generate the characters and forms could be overlaid from microfilm images. Initially they planned for Compamy Ferranti and AEI computer companies to sell the Xeronic as an Profiile peripheral, but due to interface problems Rank switched to a magnetic tape off-line technique. In Lyons Computers Ltd.
It printed 2, lines per minute, slower than target of 5, lpm. In the s, Xerox held a dominant position in the photocopier market,  and the company expanded substantially, making millionaires of some long-suffering investors who had nursed the company through the slow research and development phase of the product.
InProflie company changed its name to Xerox Corporation. In Xerox introduced the Xeroxthe first desktop plain-paper copier, realizing Carlson's vision of a copier that could fit on anyone's office desk. Ten years later ina basic, analogue, color copier, Ckmpany on thefollowed. The itself Xerxo gradually sped up to become the and The was similarly developed into the and products and, eventually, also the desktop microfiche printer.
Xerox's first foray into duplicating, as distinct from copying, was Cpmpany the Xeroxintroduced in The Compayn number denoted the number of Profle produced in an hour. Although not as Xeroox as offset printingthis machine introduced the industry's first automatic document feeder, paper slitter and perforator, and collator sorter. This product was soon sped up by fifty percent to become the Xerox Duplicator.
Meanwhile, a small lab team was borrowing copiers and modifying them. The lab was developing what it called long distance xerography LDX to connect two copiers using the Cpmpany telephone network, so that a document scanned on one machine would print out on the other.
The LDX system was introduced in Many years later this work came to fruition in the Xerox telecopiers, seminal to today's fax machines. The fax operation in today's multifunction copiers Compayn true to Carlson's original vision for these devices.
InC. Xerox embarked on a series of acquisitions. Bowker in Xerox sold XDS to Honeywell in Xerox Tower in Rochester, New Yorkserved as headquarters Proile to Stamford, Connecticut served as headquarters from to Archie McCardell was named president of the company in In the mids, Xerox introduced the "Xerox Duplicating System".
Originally designed to be sold to print shops, to increase their Prorile, it was twice a fast as the duplicator at two impressions per second per hour. In a Super Bowl commercial for theXerox debuted an advertising campaign featuring "Brother Dominic", a monk who used the system to save decades of manual copying. However, when the commercial was screened for the Archbishop of New York, he found it amusing and gave it his blessing.
The Xerox consent decree resulted in the forced licensing of the company's entire patent portfolio, mainly to Japanese competitors. Within four years of the consent decree, Xerox's share of the U. However, after three years, Granger Tool Companythe company decided the idea was a mistake and sold its assets to MCI Is Vu Tv An Indian Company a loss.
David T. Kearnsa Xerox executive since Compnay, took over as CEO in The company was revived in the s and s, through improvement in quality design and realignment of its product line. In Xerox sold all of its publishing subsidiaries including University Microfilms and Copany.
In Paul Allairea Xerox executive sincesucceeded David Kearns, who had reached mandatory Profike age. Allaire disentangled Xerox from the financial services industry.
Development of digital photocopiers in the s and a revamp of the entire product range again gave Xerox eXrox technical lead over its competitors.
Digital photocopiers were essentially high-end laser printers with integrated scanners. Soon, additional features such as network printing and faxing Comany added to many models, known as Multi Function Machines, or just MFMs, which were able to be attached to computer networks. Xerox worked to turn its product into a service, providing a complete document service to companies including supply, maintenance, configuration, and user support.
To reinforce this image, in the company introduced a corporate signature, "The Document Company", above its main logo and introduced a red digital X. The digital X symbolized the transition of documents between the paper and digital worlds. The first "outsider" to head Xerox, Thoman resigned in Mulcahyanother long-term Xerox executive. This led Pgofile the current Xerox Phaser line of products as well as OCmpany solid ink printing technology. In SeptemberXerox celebrated the 45th anniversary of the Compaby Today, the is part of American history as an artifact in the Smithsonian Institution.
XMPie, a provider of software for cross-media, variable data one-to-one marketing,  was the first acquisition of Xerox to remain independent entity, as a Xerox company and not a division, and to this day is led by its original founder Jacob Aizikowitz.
In OctoberXerox Canada Ltd. The acquisition was completed in February Xerox said it paid 4. In JanuaryXerox—reportedly under pressure from activist shareholder Carl Icahn —announced that by the end of the year it would spin off its business services unit, largely made up of Affiliated Computer Services, into its own publicly traded company. The name Profi,e management of the new company had not Xeeox determined at the time of the announcement.
Icahn will Proflie three members of the new company's board of directorsand he will choose a person to advise its search for a CEO. On January 31,Xerox announced that Fujifilm had agreed to Xerx a On May 4, Xerox backed away from the deal after stipulations about ceasing litigation were not met.
The laser printer was invented in by Xerox researcher Gary Starkweather by modifying a Xerox copier. Xerox management was afraid the product version of Starkweather's invention, which became thewould negatively impact their copier business so the innovation sat in limbo until IBM launched the laser printer in The first commercial non-impact printer was the Xeroxintroduced in based on the copier.
It had an optical character generator designed by optical engineer Phil Chen. Infollowing IBM's laser printer introduction, the Xerox was introduced. Laser printing eventually became a multibillion-dollar business for Xerox. In the late s Xerox introduced the "Xerox color slide system" This product allowed the customer to create digital word and graphic 35mm slides.
Many of the concepts used in today's "Photo Shop" programs were pioneered with this technology. InXerox announced the Xerox Company Profile looking laser printing system, a much smaller version of theirbut with revolutionary touch screen capabilities and multiple media input word processing disks, IBM magcards, etc. This product was Xrox never intended to make the commercial markets due Profilw its development cost, but rather Comlany show the innovation of Prfile. It did take off with many customers, but was soon replaced Xerox Company Profile its still smaller and lower cost Distributed Electronic Printer offering in Inunder company president C.
From these inventions, Xerox PARC created the Xerox Alto ina small minicomputer similar to a modern workstation or personal computer. This machine can be considered the first true Personal Computer, given its versatile combination of a cathode-ray-type screen, mouse-type Xerxo device, Prfile a QWERTY-type alphanumeric keyboard.
But the Alto was never commercially sold, as Xerox itself could not see the sales potential of it. It was, however, installed in Xerox's own offices, worldwide and those of the US Government and military, who could see the potential.
Data was sent around this system of heavy, yellow, low loss Life Insurance Company Of The Southwest cable using the packet data system. Jobs and the others saw the commercial potential of the WIMP Window, Icon, Menu, and Pointing device system and redirected development of the Apple Lisa to incorporate these technologies.
Jobs is quoted as saying, "They just had no idea what they eXrox.
Note These figures represent the revenue and operating income of FUJIFILM Holdings Corporation's "Document Solutions" segment, which is equivalent to Fuji Xerox (consolidated).The operating income for fiscal 2017 ended March 31, 2018 entails one-time structural reform expenses of 70 billion Japanese yen. When excluding the one-time structural reform expenses, operating income for fiscal 2017 ...…
Xerox was ranked the World’s Most Admired Company in the computer industry in FORTUNE magazine’s annual reputation survey. Xerox jumped to No. 1 from last year’s industry ranking of No. 4. To arrive at each company’s industry ranking, scores were averaged from…
Company Profile. Xerox* is innovating the way the world communicates, connects and works. We use our expertise to help our customers improve productivity and increase satisfaction. Our employees understand what’s at the heart of work – and all of the forms it can take. They embrace the increasingly complex world of paper and digital.…
See the company profile for Xerox Holdings Corporation (XRX) including business summary, industry/sector information, number of employees, business ……
A message from our top management Continuing to take on worthy challenges to deliver innovations to customers In November 2019, we took an exciting new step forward and made Fuji Xerox a wholly owned subsidiary of FUJIFILM Holdings Corporation.…
VC Private Equity Venture Capital and Private Equity investors are usually owners of public companies only when they have participated in a round of financing prior to an IPO and subsequently retained ownership after the transition from a private company to a public company. Other investors often consider positions held by venture capitalists ...…
Xerox, major American corporation that was a pioneer of office technology, notably being the first to manufacture xerographic plain-paper copiers. Headquarters are in Norwalk, Connecticut. Learn more about the corporation’s history, innovations, and products.…
Apr 03, 2017 · Glassdoor gives you an inside look at what it's like to work at Xerox, including salaries, reviews, office photos, and more. This is the Xerox company profile. All content is posted anonymously by employees working at Xerox.5/5(6.7K)…
Xerox Corp. is not a copy of its former self. The company, whose name has been a synonym for "to copy," remains a leading seller of copiers and printers, from …Employees: 475…