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 XEROX CORPORATION
Xerox Corporation, one of the world's top technology innovators, operates research and technology centers in the United States, Canada and Europe that conduct work in color science, computing, systems, novel materials and other disciplines connected to Xerox's expertise in printing and document management. Xerox consistently builds its inventions into business by embedding them in superior Xerox products and solutions, using them as the foundation of new business, or licensing or selling them to other entities.
The Xerox Innovation Group explores the unknown, invents next-generation technology, architects product platforms, manages intellectual property, and creates new business opportunities through its research centers and associated operations. It includes 1,100 researchers, scientists, engineers, patent and IP experts, and business development managers. Xerox concentrates on R&D in key areas: marking systems, materials, digital imaging and solutions and services.
This group includes Xerox business units managed by XIG, and separate companies that have been formed to commercialize Xerox technology. Those units and companies serve as new businesses for Xerox and as additional commercialization paths for Xerox-developed technology. In the start-up phase, they can tap into established Xerox resources, including corporate engineering, marketing and professional services support, beyond the reach of most new businesses. Over time, each unit or company will be merged into Xerox Corporation, become an independent or publicly traded company, or be sold. Xerox may retain a minority or majority ownership stake.
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