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The Xerox Star and its successor the Xerox Daybreak, despite their technological breakthroughs, did not sell well due to its high price, retailing at US$16,000 per unit (equivalent to $54,000 in 2023). A typical Xerox Star-based office, complete with network and printers, would have cost US$100,000 (equivalent to $335,000 in 2023).
Innovation Square, formerly Xerox Tower, is a skyscraper in downtown Rochester, New York, standing at 443 feet (135 m) tall. [4] The tower is the centerpiece of a roughly 2.7 acres (1.1 ha) complex named Xerox Square . [ 5 ]
On January 3, 2017, Conduent formally came into existence following its separation from Xerox. [8] At the end of the first quarter of 2017, Carl Icahn owned 9.7% of the company. [12] In February 2019, Conduent sold some of its customer care contracts to Skyview Capital, which created a new business called Continuum Global Solutions LLC. [13]
Affiliated Computer Services, Inc. (ACS) was founded by Darwin Deason and Charles M. Young, both former MTech Communications executives, in 1988. [6] Deason had served as CEO at MTech and decided to launch another data processing firm after a management buyout bid of him and other executives had lost to another bid in 1988.
The building was built in 1974 as the Xerox Conference Center at a cost of $55 million. It was designed to assist in copier and technology training for company employees. It was designed by Vincent G. Kling & Partners, and is currently managed by NCC EE, LLC. In 1994 Xerox permitted outside organizations to use the grounds.
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In February 2012, Jacobson joined Xerox as president of Global Graphic Communications Operations, [11] working out of Xerox's headquarters in Norwalk, Connecticut. In 2014 he became the president [8] and chief operating officer of Xerox Technology. [11] On June 23, 2016, he was announced as the future CEO of Xerox, succeeding Ursula Burns. [1]