The end of Xerox
Saturday, 03 February 2018 00:00
The end of Xerox is here as they've been swallowed up by Fujifilm in a recent merger. Xerox is a household name and at one time dominated the copier market but just couldn't transition to modern times and is now just a part of history. Gizmodo has the story.
Xerox, the brand that dominated the printing hardware market for decades to the point that it became a verb, has lost its independence and will now be managed by Japan’s Fujifilm Holdings Corp.
Per Bloomberg, Xerox and Fujifilm have agreed to a multi-part merger which will leave Fujifilm in control of the combined $18 billion successor company