The company reported third-quarter total revenue of $3.7 billion, down 16 percent, and equipment sale revenue declined 29 percent, or 28 percent in constant currency.
Xerox Corp.
The New Jersey-based printing and mailing operation produces more than 60 million financial, government, telecommunication and insurance related documents each year.
NORWALK, CT—Xerox Corp. and Affiliated Computer Services announced a definitive agreement for Xerox to acquire ACS in a cash and stock transaction valued at $63.11 per share, or $6.4 billion as of the closing price of Xerox stock on Sept. 25. The deal will transform Xerox into the leading global enterprise for document and business process management, and will accelerate its growth in an expanding market.
The world's largest diversified business process outsourcing (BPO) firm, ACS is a $6.5 billion company with revenue growth of 6 percent and new business signings of $1 billion in annual recurring revenue during its 2009 fiscal year.
Putting greater emphasis on applications and business development tools has been a growing trend among trade show exhibitors.
ACS is a $6.5 billion company with expertise in managing paper-based work processes and providing specialized business Process outsourcing (BPO) and information technology services.
MONTREAL—Canadian printer Pazazz has obtained a Xerox iGen4 press with enhanced G7 Print Master color management tools and in-line output profiling and advanced variable capabilities. The Pazazz digital department plans to use the iGen4 press to produce direct marketing pieces such as full-color booklets, brochures, manuals and postcards with variable data and image options.
Xerox Corporation (NYSE: XRX) will soon add the Xerox iGen4™ 220 Perfecting Press, the world’s most productive cut-sheet digital color press, to its industry-leading portfolio.
From customized door hangers that resulted in more than 50 new business leads to a college admissions direct-marketing campaign that generated a 303 percent response rate – PRINT 09 attendees will be wowed by the applications printed on-site at Xerox Corporation’s (NYSE: XRX) booth, #1100.
Xerox Corp. digital production color devices account for more than 50 percent of the total worldwide page volume1 – and now print providers have another option for their digital printing needs with the launch of the Xerox DocuColor® 7002/8002 Digital Presses.
NORMALLY, THE point of comparison for PRINT 09 would be the 2005 show and maybe Drupa 08, but attendees will find the show floor more akin to Graph Expo 08 in terms of the number of exhibitors and the makeup of their booths. The Graphic Arts Show Co. (GASC) has taken an unprecedented step to maximize the amount of equipment on hand by offering exhibitors a stimulus program to offset most of their setup costs.