Suppliers Get In on the Merger/Alliance Action

Gerry Perkel, currently president of Tektronix's Color Printing and Imaging Division, will join the Xerox Channels Group as president of the Office Printing Business. The companies expect to close the transaction by the end of 1999.

The acquisition, the largest in Xerox's history, moves Xerox to a number-two position (behind Hewlett Packard) in the color network laser printer market, doubles Xerox's distribution network for printers and adds $725 million in color printer sales.