WSJ: Xerox plans to split into two companies

NEW YORK, January 29. /Corr. Kirill Volkov/. The American Corporation on manufacture of copiers Xerox plans to split into two independent companies. This was reported Tuesday in its electronic version of the Wall Street Journal.

According to the publication, one of the newly formed companies will deal exclusively with the issue of printing equipment, while the other will focus on providing professional service-services business customers. According to the newspaper, officially, the division can be announced on Friday after the publication of the financial report of the Corporation for the last quarter.

According to the Wall Street Journal, this decision will be the result of the Xerox acquisition of Affiliated Computer Services, which is engaged in the provision of services. The latter was bought by Xerox in 2010 for $5.6 billion

Founded in 1906, Xerox is one of the world leaders in printing technology and production copiers. The headquarters of the Corporation is located in the U.S. city of Norwalk (Connecticut). Its turnover for 2014 was around $20 billion.