Many big tech hardware makers are expanding into services. Hewlett-Packard last year bought Electronic Data Systems; Dell agreed last month to buy Perot Systems; and Xerox cut a deal for Affiliated Computer Services, also last month.
by William M. Bulkeley and Joseph Pereira, Reporters, The Wall Street Journal
Xerox Corp. and its new chief executive, Ursula Burns, unveiled the biggest acquisition in the company’s 103-year history, joining a wave of hardware makers expanding into services with a $5.6 billion deal for Affiliated Computer Services Inc.
by Tiernan Ray, Blogger, Tech Trader Daily, Barron's
Xerox shares are coming under heavy pressure this morning after the company announced it would acquire computer services firm Affiliated Computer Services for $63.11 per share in a combination of cash and stock. Xerox said in a press release the deal will make the combined company a $22 billion “global enterprise for document technology” and will advance Xerox in the “$150 billion market for business process outsourcing,” often known as “BPO.”
What’s everyday life like at Silicon Valley’s most famous research center? To find out, I talked to YF Juan, a director of business develpment at PARC, and communications manager Linda Jacobson.
by William M. Bulkeley, Reporter, The Wall Street Journal
Xerox has invented a new psychological disorder in an effort to get marketers to use its services.
A slapstick Web video describing “Information Overload Syndrome,” or IOS, is aimed at getting viewers to think of Xerox as a company that can help them manage and direct information rather than simply print or copy paperwork.
by Bill Bulkeley, Reporter, The Wall Street Journal
Many companies restrict the use of color printers because of high costs–up to eight cents a page, compared to a penny a page for black and white. Xerox hopes to loosen up the color pursestrings with a new $20,000 printer that is says will sharply cut those costs.
It would seem we’ve got all the makings of a tech shipwreck.
In the past few days, Xerox, Yahoo and eBay each announced plans to cut thousands of jobs. Esteemed Silicon Valley VC firm Sequoia Capital is warning entrepreneurs that it’s time to batten down the hatches because the good times are over.
by Emily Steel, Staff Writer, The Wall Street Journal
In recent years, disgruntled consumers have launched hundreds of Web sites to air their grievances–from starbucked.com and ihatestarbucks.com to boycottwalmart.org and againstthewal.com.
Are companies fighting back? A new study finds that some have been much more aggressive than others.
Sustainability will influence the next generation of Internet technology, according to Chief Technology Officer Padmasree Warrior. At Fortune’s Brainstorm Tech conference Tuesday, Warrior talked with Strategic News Service’s Mark Anderson about information overload, mobile innovation, and major tech transitions ahead.
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