Xerox company sold

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#620027

From: hanc...
Date: Fri, 02 Feb 2018 01:07

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On Wednesday, Xerox said that, after 115 years as an independent 
business, it would combine operations with Fujifilm Holdings of 
Japan. The deal signaled the end of a company that was once an 
American corporate powerhouse. “Xerox is the poster child for 
monopoly technology businesses that cannot make the transition 
to a new generation of technology,” said David B. Yoffie, a 
professor at the Harvard Business School. The move offers a 
stark reminder that no matter how high a company may fly, it 
is still vulnerable to the next big breakthrough. Xerox joins 
once formidable tech companies like Kodak and BlackBerry that 
lost the innovation footrace.

full article at:
https://www.nytimes.com/2018/01/31/business/dealbook/xerox-fujifilm.html

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