Formerly | Haloid Photographic Company |
---|---|
Company type | Public |
Industry | Information technology |
Founded | April 18, 1906Rochester, New York, U.S. | , in
Founders | |
Headquarters | , U.S. |
Area served | Worldwide |
Key people | |
Products |
|
Services | Document services |
Revenue | US$7.11 billion (2022) |
US$−328 million (2022) | |
US$−322 million (2022) | |
Total assets | US$11.54 billion (2022) |
Total equity | US$3.34 billion (2022) |
Number of employees | 20,500 (2022) |
Subsidiaries | |
Website | xerox |
Footnotes / references [1][2] |
Xerox Holdings Corporation (/ˈzɪərɒks/, ZEER-ocks) 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 group 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]
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.