Xerox Wikipédia New! May 2026

Xerox was blindsided. Its costs were high, its product line was outdated, and its quality had declined. By the early 1980s, Xerox’s market share in copiers had collapsed from nearly 100% to around 40%. The company faced a near-death experience.

The most significant transformation was the for $6.4 billion. Overnight, Xerox became a giant in business process outsourcing (BPO) – managing payroll, healthcare claims, HR, and IT systems for corporations and governments. This was a radical departure from copiers. By 2016, services accounted for over 50% of Xerox’s revenue. xerox wikipédia

Haloid spent years refining Carlson’s invention. The key challenge was finding a better light-sensitive material; the solution was , which could hold an electrostatic charge and dissipate it when exposed to light. To brand this new process, Haloid coined the term "xerography" – from the Greek words xeros (dry) and graphein (writing). In 1949, they launched the first crude xerographic copier, Model A , but it was manual and messy. Xerox was blindsided

I. The Birth of an Icon (1906–1959) The story of Xerox begins not with copying, but with photographic paper. In 1906, The Haloid Photographic Company was founded in Rochester, New York, manufacturing photographic paper and equipment. For decades, it was a small, regional player in the shadow of Eastman Kodak. The company faced a near-death experience