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Xerox Corporate values and History



Xerox Values

Since our inception, we have operated under the guidance of six core values:

  • We succeed through satisfied customers.
  • We deliver quality and excellence in all we do.
  • We require premium return on assets.
  • We use technology to develop market leadership.
  • We value and empower employees.
  • We behave responsibly as a corporate citizen.


  • Key Dates:
  • 1906: The Haloid Company is founded in Rochester, New York, as a photography-paper business.
  • 1935: Haloid buys Rectigraph Company, a maker of photocopying machines.
  • 1936: Haloid makes its first public offering of stock.
  • 1938: Chester Carlson invents a method of transferring images from one piece of paper to another using static electricity, a process dubbed xerography.
  • 1947: Haloid enters into an agreement with Battelle Memorial Institute to produce a photocopying machine based on xerography.
  • 1949: Company introduces the XeroX Copier.
  • 1956: Haloid expands into Europe through the creation of Rank Xerox, a joint venture with the Rank Organisation Plc, a British film company.
  • 1958: Company changes its name to Haloid Xerox Inc.
  • 1960: Introduction of the Xerox 914, the first automatic, plain-paper copier, proves to be a huge success.
  • 1961: Company is renamed Xerox Corporation, and its stock is listed on the New York Stock Exchange.
  • 1962: Xerox joins with Fuji Photo Film Co., Ltd. in creating the 50-50 joint venture Fuji Xerox Co., Ltd.
  • 1969: Headquarters for Xerox are moved to Stamford, Connecticut.
  • 1970: Xerox Palo Alto Research Center opens in California.
  • 1982: The 10-Series copier line debuts.
  • 1994: Xerox begins touting itself as The Document Company and increases emphasis on digital products.
  • 1995: Company increases its stake in Rank Xerox to 80 percent.
  • 1997: Xerox buys out its European partner in Rank Xerox, which is subsequently renamed Xerox Limited.
  • 1998: XLConnect Solutions Inc. is acquired.
  • 2000: Xerox acquires Tektronix, Inc.'s color printing and imaging unit; as red ink begins to flow, massive restructuring is launched.
  • 2001: Xerox sells half of its stake in Fuji Xerox to Fuji Photo Film for more than $1.3 billion; manufacturing outsourcing relationship with Flextronics International Ltd. begins.
  • 2002: Company agrees to pay $10 million civil penalty to settle the charges of accounting fraud.