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John Visentin Named Xerox CEO, Vice Chairman

John Visentin, formerly operating partner at Advent International and senior adviser to the chairman at Exela Technologies (Nasdaq: XELA), has joined Xerox (NYSE: XRX) as CEO and vice chair of the company’s board of directors. Xerox said Tuesday Keith Cozza, Icahn Enterprises president and CEO, was named chairman of the …

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Xerox Splits Into Digital Printing Tech, Service Businesses; Jeff Jacobson Comments

Xerox (NYSE: XRX) has officially separated into two publicly traded companies, one focused on digital printing technology and the other selling business process services. The digital print technology company will carry the Xerox name while the business process service provider will operate independently as Conduent (NYSE: CNDT), GovCon Wire reported June 2016. Xerox said Tuesday it received …

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PARC’s Steve Hoover Named Xerox CTO; Jeff Jacobson Comments

Steve Hoover, CEO at Xerox‘s (NYSE: XRX) PARC subsidiary, has been named chief technology officer at the Norwalk, Connecticut-based document management and outsourcing company in a move that takes effect Jan. 1, 2017. Xerox said Wednesday Hoover will report to incoming Xerox CEO Jeff Jacobson and succeed Sophie Vandebroek, who is due to retire …

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Xerox Lands $110M USDA Managed Print Services Contract; Mike Zimmer Comments

Xerox (NYSE: XRX) has been awarded a 10-year, $110 million contract to carry out managed print services at 3, 000 Agriculture Department locations around the world. The company said Tuesday it will install and maintain 16, 000 printers and multifunction devices that feature Xerox ConnectKey technology at USDA sites as the agency aims to establish a print, …

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Jeff Jacobson to Become Xerox CEO After Company Splits in Two

Jeff Jacobson, president of Xerox’s (NYSE: XRX) technology business, will transition into the role of CEO after the company announced plans in January to divide into two publicly traded firms. Jacobson will lead the document management and outsourcing company that generated approximately $11 billion in 2015 revenue and will retain the …

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Xerox to Buy RSA Medical for Analytics-Driven Health Services

Xerox (NYSE: XRX) has agreed to acquire RSA Medical as part of efforts to grow in the healthcare services market and add new predictive analytics functionalities for population health and member outreach programs. The companies expect to close the transaction within the third quarter of this year and RSA Medical will be part of Xerox’s commercial healthcare …

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Atos Closes Xerox IT Outsourcing Business Buy

France-based digital services firm Atos has completed its purchase of Xerox‘s (NYSE: XRX) information technology outsourcing services portfolio. Xerox said Tuesday it wants to concentrate on the business process outsourcing and document outsourcing markets following the sale. Atos disclosed in late 2014 that the transaction includes a $1.05 billion upfront …

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Xerox’s PARC Arm to Develop Methane Leak Detector for Energy Department

Xerox (NYSE: XRX) company PARC has secured an undisclosed amount of government funds to develop a printed sensor array for energy sector customers to detect methane gas. The sensors will be made of carbon nanotubes modified with dopants and coatings that are designed to react differently to various gases and to produce unique patterns for …

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Justin Lanning: Xerox Seeks Health IT Business Growth Through HCI Purchase

Xerox (NYSE: XRX) has acquired healthcare information technology software-as-a-service company Healthy Communities Institute for an undisclosed amount. The companies seek to integrate HCI’s cloud-based SaaS platform and an analytics technology from Xerox’s healthcare subsidiary Midas+, Xerox said Monday. Justin Lanning, senior vice president and managing director of Midas+, said the …

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Atos to Acquire Xerox’s IT Outsourcing Business for $1.05B

Atos has agreed to acquire Xerox‘s (NYSE: XRX) information technology outsourcing business to Atos for $1.05 billion with $50 million in additional consideration. The companies expect to close the transaction in the first half of 2015  and Aton will provide IT services to Xerox as part of the deal,  Xerox said Thursday. Xerox’s ITO’s …

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