“We are delivering on our three-year plan. We grew earnings per share, increased cash flow and expanded adjusted operating margin for the full year, and we improved our revenue trajectory in the second half of the year as our investments in the business gained traction. We accomplished this while returning more than 70 percent of free cash flow to shareholders, paying down approximately $950 million in debt and increasing investments in our innovation areas. We are well-positioned to carry this momentum into 2020 and lead the way for long-overdue industry consolidation.” - John Visentin, vice chairman and CEO, Xerox
“Our inclusion on this list is a testament to the hard work and significant contributions of our employees globally and their commitment to transforming Xerox into a digital-first company,” said Xerox Vice Chairman and CEO John Visentin. “I couldn’t be more proud of the team that is driving our progress in delivering clients a modern work experience.” Fortune’s World’s Most Admired Companies survey results are featured online at Fortune.com and will be featured in the February issue of Fortune magazine.
Xerox’s robust partner program has earned top marks in The Channel Company’s 2020 Global Partner Program Guide. Our program received a five-star rating, which is awarded to an elite group of companies that offer the best in channel partner programs. Read more...
Xerox Holdings Corporation (NYSE: XRX) and Vortran Medical Technology are teaming up to speed and scale production of Vortran’s GO2Vent ventilator and related Airway Pressure Monitor (APM-Plus) for hospitals and emergency response units fighting the battle against COVID-19.
Corporate - Mar 31, 2020
The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc. (NYSE: HPQ) (“HP”). Accordingly, we are withdrawing our tender offer to acquire HP and will no longer seek to nominate our slate of highly qualified candidates to HP’s Board of Directors.
Xerox has acquired two leading services and technology providers, Altodigital and ITEC Connect, in the U.K.
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