Xerox News
3 articles
growth-positive
Xerox Announces Formation of CareAR Software Business
Xerox Holdings Corporation has announced the formation of CareAR, a Xerox Company, which consolidates CareAR, Inc., DocuShare, and XMPie under a single holding company named CareAR Holdings. CareAR received a $700 million post-money valuation following a $10 million equity investment from ServiceNow. The expanded CareAR service experience platform combines DocuShares content management system, XMPies cross-media platform, and Xeroxs PARC Alto AI artificial intelligence engine. The platform integrates with ServiceNow Field Service Management and allows service technicians to tap into the knowledge of more experienced technicians through live, AR-assisted instruction. CareARs service experience management platform aims to empower support workforces, solve workforce talent issues, and support service employers sustainability and social responsibility goals. Xerox believes that CareAR will define and grow the Service Experience Management category.
PartnersInvestmentAcquisition
growth-positive
ישראלית בכירה נוספת בחברה בינ"ל: Xerox מינתה את טלי רוזמן לסגנית נשיא מחלקת התלת מימד - Chiportal
Xerox has appointed Tali Rosman as the Vice President - 3D Division. Rosman will report directly to Naresh Shanker, the Chief Technology Officer of Xerox. Rosman has previous experience in the 3D printing industry, having worked at Stratasys and NICE. Xerox aims to become a leader in the 3D printing industry and Rosmans expertise will help advance their plans.
Management Changes
growth-positive
Xerox to buy Israeli start-up XMPie for $40-50m
Xerox Inc. is set to acquire Israeli start-up XMPie Ltd. for $40-50 million. XMPie develops solutions for customizing digital printing and electronic media. This acquisition marks Xeroxs first investment in Israel.
Acquisition
