Investor Relations

Announcing the formation of CareAR, A Xerox Company, which consolidates CareAR, Inc., DocuShare and XMPie under a single holding company. CareAR received a $700 million post-money valuation following a $10 million equity investment from ServiceNow. "Xerox has positioned CareAR to deliver capabilities that service-intensive industries need, with real-time instruction, visual tools and access to data at the tip of any user’s fingertips, all driven by predictive artificial intelligence. By creating a platform that is intuitive to a digitally native workforce, and with investment from ServiceNow, we believe CareAR will define and grow the Service Experience Management category, disrupting industries at a time when it’s needed most.” - Vice Chairman and CEO, John Visentin

“We saw growing demand for our products and services in the second quarter. Increased equipment sales and print volumes in many regions are consistent with a continuing, gradual return to the office and give us confidence to reaffirm our revenue and cash flow guidance for the year.” - Xerox Vice Chairman and CEO John Visentin.

July 2021 -- This is the first in a series of Innovation Spotlight Reports that will provide a deep dive into our research and development (R&D) activities to create disruptive technologies in software, augmented reality, artificial intelligence, additive manufacturing, industrial Internet of things (IoT), and cleantech.