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Xerox |
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Xerox (Xerox Corporation, Stamford, CT, www.xerox.com) A major manufacturer of analog and digital copy machines, computer printers and document management systems. Corporate headquarters are in Stamford, CT, while manufacturing and marketing is in Rochester, NY.In 1906, the Haloid Company was founded in Rochester to manufacture and sell photographic paper. In 1947, it acquired the license to Chester Carlson's basic xerographic patents from Batelle Development Corporation and sold the first xerographic copier in 1950. In 1958, the company changed its name to Haloid Xerox, and three years later, to Xerox Corporation. The Xerox 914 copier, introduced in 1959, was an outstanding success, and the xerography technology catapulted the company into the major leagues. Over the years, Xerox acquired a wide variety of companies in computers, financial services, publishing and education, many of which it sold or spun off later on. Its creation in 1970 of PARC (Palo Alto Research Center) resulted in major contributions to the computer industry, including the development of the first workstation with a graphical user interface, the mouse and Ethernet. As copy machines and printers merge into the world of networked document management, Xerox is at the forefront of this market, while continuing to research and develop new technologies. The name Xerox means "dry writing" in Greek. The word xero means "dry," and graphy means "write." Carlson's invention used a dry, granular ink which replaced the messy liquid ink of the times.
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