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Stock impact report

So Long, Xerox: A Look Back at the Company Whose Name Became a Verb [Fortune]

Xerox Holdings Corporation (XRX) 
Last xerox holdings corporation earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
Company Research Source: Fortune
On Wednesday, Japan’s Fujifilm Holdings announced that it will take over Xerox . The $6.1 billion deal will combine the U.S. company into their existing joint venture. Although the combined entity will continue to be called Fuji Xerox , the announcement marks the end of an era for the company whose name has become a cornerstone of office lingo. Xerox 's roots lie in Chester Carlson's invention of xerography , a process that made photocopying on plain paper easier, faster and cheaper than previous methods. The Haloid Company in Rochester, NY promised to take his invention and turn it into a real product. Within a few successful years, the Haloid Company transformed into what we all know as the Xerox Corporation. In 1955, the company introduced the Copyflo, the first completely automated xerographic machine. Four years later, came the 914 Copier, named for the fact that it could copy sheets up to 9 inches by 14 inches with a push of a button. Check out the gallery above Show less Read more
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