printers supplies

Xerox Corporation (NYSE: XRX) is an American document management company, which manufactures and sells a range of color and black-and-white printers, multifunction systems, photo copiers, digital production printing presses, and related consulting services and supplies. Xerox is headquartered in Stamford, Connecticut, though its largest population of employees is based in and around Rochester, New York, the area in which the company was founded. The UK headquarters are situated in Welwyn Garden City, Hertfordshire.

History

Xerox was founded in 1906 as "The Haloid Company" manufacturing photographic paper and equipment. The company came to prominence in 1959 with the introduction of the first plain paper photocopier using the process of xerography (electrophotography) developed by Chester Carlson, the Xerox 914. The company subsequently changed its name to "Haloid Xerox" in 1958. bizratecom. The 914 was so popular that by the end of 1961, Xerox had almost $60 million in revenue. By 1965, revenues leaped to over $500 million. Before releasing the 914, Xerox had also introduced the first xerographic printer, the "Copyflo" in 1955.

The company expanded substantially throughout the 1960s, making millionaires of some long-suffering investors who had nursed the company through the slow research and development phase of the product.