Xerox Corp.

Small shops can produce excellent work. Just ask Tim Criswell, of Sunkist Growers, whose in-plant consistently wins In-Print awards.

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Though it recently installed a five-color RMGT 940 offset press, University of Missouri-Columbia Print & Mail Services has not neglected the toner side of its business. It recently upgraded its digital presses to streamline production of its shorter-run jobs.

Xerox has announced organizational changes to support its plans to launch a trio of new businesses aimed at delivering long-term growth in 2021.

Xerox says its operating cash flow increased in Q4, compared to Q3. The company plans to create separate software, financing, and innovation businesses, and launch a $250 million corporate venture capital fund.

During a recent virtual event, Xerox announced new digital toner printing presses, technology enhancements for the Baltoro HF cut-sheet inkjet press, and artificial intelligence features that aid speed and productivity.

Xerox reported $106 million of operating cash flow from continuing operations, down $242 million YoY, but up $72 million from Q2.

Xerox reported $1.47 billion of revenue, a decrease of 35.3% year-over-year or 34.6% in constant currency.

The grapevine has been ripe the past weeks, but now the news is finally out. Fujifilm has entered into a definitive agreement to purchase the majority holding of Xerox Corporation and will merge Fuji Xerox with Xerox.