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Xerox Is No More

Accepted submission by turgid at 2018-01-31 21:20:11 from the How-the-mighty-have-fallen dept.
Business

The once mighty Xerox corporation, inventor of the photocopier, the graphical user interface, ethernet and the workstation is no more. Today it has been announced that Xerox is to be acquired by Fujifilm [reuters.com], with whom it had the joint venture FujiXerox, for $6.1 bilion.

In recent years, much of Xerox's previous, and quite recent, acquisitions have been sold off including Tektronix in Willsonville, Oregon (acquired for its solid ink technology) and Affiliated Computer Services.

Back in 2011, Xerox entered into a partnership with Indian outsourcing firm HCL, transferring thousands of engineering staff, including most in the UK and mainland Europe.


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