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Xerox, an innovator hit by digital revolution, cedes management to Fujifilm

When Xerox launched its standard copying machines in 1959, their wizardry was thought-about as excessive tech because the iPhone when Steve Jobs introduced it to the world virtually 50 years later.

However simply as Xerox made carbon paper out of date, the iPhone, Google Docs and the cloud made Xerox an organization of the previous.

On Wednesday, Xerox stated that, after 115 years as an impartial enterprise, it could mix operations with Fujifilm Holdings of Japan. The deal signaled the top of an organization that was as soon as an American company powerhouse, and performed an important position in Silicon Valley’s rise.

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Author: Techno Info

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