Posts tagged: ACS

Xerox Services Update from Grenoble

Other Posts
 Oct 11, 2012

Last week Xerox hosted its annual analyst event at its fascinating Xerox Research Centre Europe (XRCE) facility in Grenoble, France. Surrounded by the stunning French Alps and located in a beautiful château, this is by far one of Xerox’s finest office locations and a great place to hold an international analyst event.

Xerox Research Centre Europe (XRCE), Grenoble, France

It has been over three years now since Xerox acquired ACS, and this event provided an update on where Xerox’ services offerings stand today. Xerox also used the occasion to put its R&D centers in the spotlights and showcase some interesting innovations they are working on. Read more »

Xerox Continues Its Transformation – Insights from the 2011 Investors Conference

Jeff Hayes
 May 11, 2011

At the annual Xerox Investors Conference on May 10, 2011, CEO Ursula Burns and her senior leadership team shared critical operating data and very candid perspectives on the market that provide important insights into the company’s strategy and transformation. Key insights included:

  • Services will soon be the majority of Xerox’ business (vs. Technology)
  • Total page volume is declining, though higher value color pages are growing
  • Xerox continues to reduce and shift its R&D spending away from black & white engines and towards color engines and software linked to business process outsourcing
  • Xerox plans to invest $300 million+ per year in acquisitions to strengthen its distribution (especially in Europe and developing markets) and expand its services portfolio
  • Xerox is targeting a “steady state” growth rate of 6%+ for revenue and 10 to 15% for earnings per share (EPS) in 2012 and beyond

Xerox is one of the bellwether companies in the document technology and services industry, and I believe customers, resellers and competitors should pay close attention to its new direction.

Read more »

Insights from the Xerox Financial Investor Conference

Jeff Hayes
 May 7, 2010

Xerox outlined its business strategy to approximately 100 members of the financial analyst community on Tuesday, May 4th at the New York Stock Exchange. Xerox has always been one of the thought leaders for the document technology and services industry, and typically does a good job articulating the critical trends, challenges and opportunities facing the industry. The event on Tuesday was no exception.

Read more »

Thinking Beyond the Box – Xerox to Acquire ACS

Other Posts
 Sep 28, 2009

Today, Xerox Corporation announced that it had reached a definitive agreement to acquire Affiliated Computer Services (ACS). ACS, headquartered in Dallas, TX, is one of the world’s largest diversified business process outsourcing firms. ACS is a $6.5 billion company with revenue growth of 6 percent and new business signings of $1 billion in annual, recurring revenue during its fiscal 2009. The combined Xerox-ACS company will have $22 billion of annual revenue, $17 billion of which will come in on a recurring basis.

Xerox is buying ACS in a cash and stock transaction valued at $63.11 per share or $6.4 billion as of the closing price of Xerox stock on September 25. Xerox’s $6.4 billion offer for ACS represents a 36% premium and about 15 times earnings. By comparison, Dell is paying $3.9 billion, a 68% premium, or about 30 times earnings for Perot Systems.

Xerox CEO Ursula Burns referred to the deal as a “game changer,” Read more »

2016 InfoTrends, Inc.

WordPress Appliance - Powered by TurnKey Linux