Xerox Getting Closer to Icahn Share-Demand Price
Last week, we explained how, in our opinion, it’s a good bet that HP Inc. will purchase Xerox. While......
Category: Xerox
HCL Announces Outsourcing Agreement with Xerox
On March 19th, HCL Technologies announced that it signed a managed services agreement with Xerox under which HCL will manage portions of Xerox’s shared services, including global administrative and support functions.
Xerox Seeks to Sell Financing Unit; Contracts with HCL for Outsourcing
Xerox also reported that, this month, it had entered into a shared services agreement with HCL Technologies, under which it will seek to outsource certain global administrative and support functions
Xerox Spin-Off Hit with Class-Action Lawsuit
The lawsuit alleges violations of Sections 10(b) and 20(a) of the U.S. Securities Exchange Act of 1934.
Xerox Seeking to Become Wholly Owned Subsidiary
The proposed reorganization comes just a few weeks after a New York judge’s decision not to dismiss Fujifilm’s $1 billion lawsuit against Xerox.
New Xerox Instant Print Kiosk with Print-from-Cloud, More
The kiosk solution also features remote device administration (EFI Self-Serve Admin Central), payment transactions, accounting, cloud-based faxing, and end-to-end data security protection.
Judge Refuses to Dismiss Fujifilm’s $1 Billion Lawsuit Against Xerox
A Manhattan federal judge has rejected Xerox’s request to dismiss Fujifilm’s $1 billion lawsuit against Xerox, stating that one of Xerox’s arguments was “thoroughly unpersuasive.”
EU Ready to Target Xerox, Others, if U.S. Imposes Auto Tariffs
The U.S. administration claims that the tariffs are for protecting the United States’ national security, as it did last year when it placed tariffs on foreign steel and aluminum.
Xerox to Close Almost Half of GIS Offices
Two sources “with knowledge of the restructuring” said Xerox plans to close roughly half of the XBS locations across the country, keeping the 40 geographical “core” businesses intact, but closing many of the smaller field offices.
Xerox Outlines Roadmap for Growth at Investor Day Meeting
In a previous post, we explained how at its 2019 Investor Day meeting last week, Xerox executives laid out how......
Xerox Unveils Sweeping Plan to Cut Costs, Simplify Operations
Relationship with Fuji Xerox also said to be stable.
Xerox Outlines Three-Year Strategy at Investor Day Conference
“By simplifying our operations, instilling a culture of continuous improvement, investing in growth areas and capitalizing on new and adjacent market opportunities, we anticipate that we can achieve flat to growing revenue by 2021.”
This Week in Imaging: The Inkjet-3D Printing Revolution
One of the interesting things about technology is that we can’t always see where it will eventually take us, a case in point being drop-on-demand inkjet printing.
Xerox Reports Latest Financial Results; Moving Accounts to Global Imaging (XBS)
Net income for the fourth quarter was $137 million, compared to a loss of $190 million for fourth-quarter 2017. Fourth-quarter EPS was 56 cents per share, an increase of $1.34 versus fourth-quarter 2017.
Fujifilm First in Printer Industry to Receive U.S. Tariff Exclusion
Fujifilm North America Corporation, Graphic Systems Division, has received exclusions on the majority of the 147 Exclusion Requests it filed several months ago.
Xerox: ‘Making the Un-Makeable: The Future of 3D Printing’
Last year, in an October conference call with investors, Xerox CEO John Vistentin had commented on Xerox’s possible entry into the 3D-printer market, announcing that Xerox is developing “a road map to participate in 3D printing.”
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