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Xerox

American document management corporation / From Wikipedia, the free encyclopedia

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Xerox Holdings Corporation (/ˈzɪərɒks/; also known simply as Xerox) is an American corporation that sells print and digital document products and services in more than 160 countries.[3] Xerox is headquartered in Norwalk, Connecticut (having moved from Stamford, Connecticut, in October 2007),[4] though it is incorporated in New York[5] with its largest population of employees based around Rochester, New York, the area in which the company was founded. The company purchased Affiliated Computer Services for $6.4 billion in early 2010.[6] As a large developed company, it is consistently placed in the list of Fortune 500 companies.[7]

Quick facts: Formerly, Type, Traded as, Industry, Founded...
Xerox Holdings Corporation
FormerlyHaloid Photographic Company
TypePublic
IndustryInformation technology
FoundedApril 18, 1906; 116 years ago (1906-04-18)
Rochester, New York, U.S.
FoundersJoseph C. Wilson
Chester Carlson
Headquarters,
U.S.
Area served
Worldwide
Key people
  • Keith Cozza
    (Chairman)
  • Steve Bandrowczak
    (interim CEO)
ProductsOffice printers, production printers & digital presses, multi-function printers, wide format printers, projectors, scanners copiers, and other office equipment[1]
ServicesDocument services
Revenue US$7.04 billion (2021)[2]
US$−475 million (2021)[2]
US$−455 million (2021)[2]
Total assets US$13.22 billion (2021)[2]
Total equity US$4.44 billion (2021)[2]
Number of employees
23,300 (2021)
Subsidiaries
Websitewww.xerox.com
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On December 31, 2016, Xerox separated its business process service operations, essentially those operations 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 traded on the NYSE from 1961 to 2021, and the Nasdaq since 2021.[8]

Researchers at Xerox and its Palo Alto Research Center invented several important elements of personal computing, such as the desktop metaphor GUI, the computer mouse[9] and desktop computing.[10] The concepts were adopted by Apple Inc. and later Microsoft.