Xerox has become the latest tech company to say that it will be laying off staff and reorganizing its structure. The company had 20,500 employees at the start of 2023 and 15% of those will be let go.
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After relentlessly pursuing an acquisition of rival HP, Xerox has announced that it is no longer moving forward with the takeover attempts due to concerns over the current coronavirus outbreak.
After Xerox officialized its tender offer for all outstanding HP shares, the latter company is telling shareholders to reject the offer, saying it would create an "irresponsible capital structure".
In its continued attempts to take over HP's business, Xerox has now launched a tender offer for all outstanding HP shared, valuing the company at $24 per share, in both cash and Xerox shares.
The creator of the cut, copy, and paste functions, Larry Tesler, died on Monday at the age of 74 according to one of his previous employers, Xerox. He also worked at Apple, Amazon and Yahoo!.
Xerox announced today that it intends to raise its acquisition offer for HP to $24 per share, for a total value of nearly $35 billion. The company will launch the tender offer on or around March 2.
Xerox today announced that it's not done trying to absorb HP's business, and it has nominated a slate of directors to replace the entire board of directors at HP during the next shareholder meeting.
In the latest development of the ongoing saga between Xerox and HP, in which the former is attempting to buy the latter, Xerox has confirmed that it will take its bid directly to HP shareholders.
Launched in 1970, Xerox's PARC has played an instrumental role in the engineering of laser printing and many of the technologies that compose the PC you're reading this on: ethernet, the mouse, GUI...
Xerox managed to increase its profit margins during the first quarter of 2011, information released by the company states. The Xerox Corporation's revenue for the quarter soared, and costs relating to the acquisition of Affiliated...
Xerox researchers have developed a search tool, dubbed FactSpotter, that analyzes the underlying grammar of a text in order to infer additional information, such as whether ambiguous words are being used as nouns or verbs,...
Microsoft has inked a patent swap deal with Fuji Xerox that paves the way for the companies to use each other's technology. The companies did not disclose financial terms of the agreement, except to say...
Xerox Corp. research subsidiary Palo Alto Research Center (PARC) has struck a licensing deal with Powerset Inc. in San Francisco. The two are developing a search engine based on natural language processing, in hopes that...
Palm and Xerox have been locked in a battle for nine years over the Graffiti software (known as Unistrokes from Xerox ) which allows users to input data by writing alphabet like characters onto their...
Giant photocopying firm Xerox has admitted designing its color photocopiers so that they put a hidden code on your copy that will help the US government identify you According to Peter Crean, a senior research...
A federal court ruling that dismissed a seven-year-old patent infringement lawsuit against PalmOne's Graffiti handwriting recognition system will be appealed by Stamford, Connecticut-based Xerox Corporation. "We intend to appeal," Xerox spokesperson Christa Carone told...
Xerox Corp. spends about $1 billion a year on research and development, gambling that it can predict the future of IT. Not surprisingly, most of the research is dedicated to the Stamford, Conn., company's core...
A New York State judge on Friday sided with handheld computer maker palmOne Inc. in its lengthy patent infringement battle with Xerox Corp., ruling that Xerox's handwriting recognition software patent is invalid. Xerox, the office...
Xerox is expected to announce new document processing software next week that could improve the efficiency of content management systems. According to a statement from the company, scientists from Xerox Research Center Europe...
Xerox has established in court that it is the inventor of Graffiti handwriting technology used in Palm devices. The next step is to establish damages which, considering the numbers of Palms sold, will run into...
From the people who started the graphical user interface revolution, invented the mouse, heck you may as well say the "whole ball of wax", comes news that Xerox will finally turn its famed Palo Alto...
