Brief History of the Xerox Company

In 1906, the Xerox Company was founded inAs of 2000, Xerox completed its turnaround and is
Rochester, New York. First known as The Haloidonce again a solidly established company with a
Company, it specialized in manufacturing photographicleading edge in the marketplace. Xerox continues its
equipment and paper. It became "Haloid Xerox" in 1958dominance in the photocopy and document-managing
and then "Xerox" in 1961.sector of the industry with its current line of printers.
Its name is so ubiquitous that to "Xerox" something hasCurrently, the major players in the photocopying and
become a verb and part of American vernacularprinting sector include printers that function in multiple
instead of just a company name. And in fact, its claimways, Xerox Phaser printers, photocopiers, and new
to fame is as the manufacturer of the first plain paperworkflow software under a new strategy called
photocopier, introduced in 1959. By 1961, Xerox had"FreeFlow." FreeFlow in particular has brought Xerox
made almost $60 million in revenue, and by 1965,into the graphic arts market and the print industry. The
revenues jumped to over $500 million. Its burgeoningcompany has also begun to sell selling digital scanners
profits were very welcome news for the investorsand printers.
who had believed in and helped finance the researchIn addition, it continues to sell the "legacy" products that
and development of the product in question, whichmade it a household name -- but those, too, have been
finally made them wealthy. In fact, some of themrevamped for the 21st century. Xerox still specializes in
became millionaires.printer sales, selling both black and white and color
Xerox introduced desktop copying in 1963, laser printingprinters. It also sells digital presses (the newest, the
in 1969, and color copying in 1973. However, its productXerox iGen 4, was launched in May of 2008).
line didn't just stop there. In 1970, it opened a newIt also continues to sell professional printers, black and
research facility in Palo Alto, California and developedwhite copiers and fax machines, among other
such innovative products and techniques as theproducts. Xerox has also recently branched into selling
graphical user interface and the mouse. However, itsoffice supplies.
developments remained focused on its basis forWhat's perhaps most notable about Xerox, though, is
household recognition, Xeroxing -- that is to say,that its products cover the gamut, from commercial to
photocopying.home use. Several of its products, for example, are
To that end, after a brief foray into computer productspriced for the average consumer and yet produce
that weren't particularly successful, Xerox returned itshigh-quality results regardless. For example, the Phaser
focus to photocopying and improving design and6110MFP is priced quite reasonably for its abilities, with
quality of its product line in the 1980s and 1990s. Itsome models under $600. Various Phaser models
regained a technical lead over competition byinclude the ability to print, copy, fax or scan; another
revamping its product line to include high-end lasermodel copies, prints or scans. Both will do so in either
printers with scanners attached that could becolor or black and white. Put very simply, this is very
connected to computer networks. This gave itshigh quality for a very reasonable price.
customers ease of use by giving them a completeIn conclusion, Xerox is a company that's been around
service in regard to document handling, including userfor more than a century. It revolutionized business with
support, configuration, supply and maintenance.its ability to inexpensively and quickly make copies, and
An acquisition of the Tektronix color printing andhas since gone on to become so ubiquitous that its
imaging division in Wilsonville, Oregon further gave aname has become part of the vernacular. It remains
Xerox of leading edge with its new focus on thetop-of-the-line in the 21st century as it adjusts its
Xerox Phaser product line and its printing technology inproduct line to meet the changing needs of consumers
solid ink.and businesses alike.
New lease on life