xerox company history


Learn more Global Partner Summit See ... Company Information Xerox Headquarters 201 Merritt 7 Norwalk, Connecticut 06851-1056. Xerox now sponsors the Factory Ducati Team in the World Superbike Championship, under the name of the "Xerox Ducati".Xerox Canada Head Office at North American Life Centre (Xerox Tower), North York, OntarioIn the late 1970s Xerox introduced the "Xerox 350 color slide system" This product allowed the customer to create digital word and graphic 35mm slides. Yet Xerox's revenues grew from $1.6 billion in 1970 to $8 billion in 1980, partially because Xerox began to sell the machines it had been renting, thus depleting its lease base.In 1958 Haloid changed its name to Haloid Xerox, reflecting its belief that the company's future lay with xerography, although photography products were still more profitable.

A scaled-down version of this gripper feed system was to become the basis for the 813 desktop copier.In 2002, PARC was spun off into an independent wholly owned subsidiary of Xerox. The 10-Series machines used technology developed at PARC, which was becoming more integrated with the company. Wilson won, and in 1947 Haloid entered into an agreement with Battelle Memorial Institute, a nonprofit research organization in Columbus, Ohio, to produce a machine based on a new process called xerography.In 1936 Haloid's 120 employees went on strike for benefits and higher wages.

By 1980 another Japanese competitor, Canon, was challenging Xerox's market share in higher-end machines.According to most critics, Xerox had become inefficient during this time, as its executives had concentrated too heavily on growth during the 1960s. A restructuring of company management occurred almost immediately. Xerox also continued to update and improve its facsimile machines by developing a personal-sized model that could be used as a copier as well as a telephone, and by developing thermal, recyclable fax paper. History : Corporate Profile : About Fuji Xerox : FUJI XEROX By 1934 Haloid's sales were approaching $1 million.

IBM and Kodak followed a strategy similar to that of Xerox, leasing their machines and attracting many large accounts on which Xerox depended.Xerox can trace its roots to 1906, when a photography-paper business named the Haloid Company was established in Rochester, New York. The cuts came at a time when Xerox was enjoying record sales and earnings as well as a surging stock price, so the company was clearly proactive in maintaining the momentum it had gained through its impressive 1990s resurgence.Amidst this, Haloid needed to come up with new products, particularly following a showdown between Mosher, who wanted to sell Haloid off, and Wilson, who did not. In 1944 Battelle signed a royalty-sharing agreement with Carlson and began to develop commercial applications for xerography.PARC's innovations were largely overlooked by Xerox; the computer division and the copier division competed for resources and failed to communicate. Two years later, Xerox announced plans to restructure the company as well.

About Xerox. The company also cut manufacturing costs drastically. Crum and Forster sold Floyd West & Co. and Floyd West of Louisiana to Burns & Wilcox Ltd. London Brokers Ltd. was sold to Crump E & S. Moreover, several lawsuits resulted in losses for Xerox during this time. Meanwhile, Haloid's other products were again highly profitable, with paper sales increasing and several successful new office photocopying machines selling well.In the late 1970s Xerox began reorganizing, making market share its goal and learning some lessons about quality control and low-end copiers from its Japanese subsidiary. The digital X symbolized the transition of documents between the paper and digital worlds.The 1385 was followed by the first automatic xerographic printer, the Copyflo, in 1955.

Following the Copyflo, the process was scaled down to produce the 1824 microfilm printer. Ten years later in 1973, a basic, analogue, color copier, based on the 914, followed. Many in the financial community thought that Haloid's large investment in xerography was a big mistake, but Battelle engineers discovered that the XeroX made excellent masters for offset printing--an unforeseen quality that sold many machines.

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