Conduent completes separation from Xerox

Conduent has completed its separation from Xerox and is now an independent public company trading on the New York Stock Exchange. With over 93,000 employees in more than 40 countries, Conduent has around US$6.7 billion in annual revenue and has expertise in transaction-intensive processing, analytics and automation, offering a range of services focused on technology and innovation. The company will continue with its previously-announced major cost transformation programme which will streamline the b
January 5, 2017 Read time: 1 min
Conduent has completed its separation from 4186 Xerox and is now an independent public company trading on the New York Stock Exchange.

With over 93,000 employees in more than 40 countries, Conduent has around US$6.7 billion in annual revenue and has expertise in transaction-intensive processing, analytics and automation, offering a range of services focused on technology and innovation.

The company will continue with its previously-announced major cost transformation programme which will streamline the business, improve margins and enable investment into growth opportunities.

Related Content

  • October 11, 2016
    Conduent splits from Xerox to concentrate on service
    For a sneak preview of the future, World Congress visitors should make their way to the Xerox stand where they can see the new name for the services-orientated part of the business: Conduent. Effective 1 January, Xerox will split into two separate legal entities and the transport-related businesses, along with those from payment and customer services and healthcare will be rebranded as Conduent. The new company will have 93,000 employees globally and revenues of US$7bn per year including that from the
    Read More
  • June 17, 2016
    Xerox announces names of new companies
    Following the completion of its separation into two publicly traded companies, Xerox has announced the names of the new companies that will be created. The Business Process Outsourcing company will be named Conduent and the Document Technology company will continue to be called Xerox Corporation. The name Conduent is inspired by the new company’s expertise in connecting clients and their constituents through seamless transactions at massive scale in areas such as customer care, transportation solutions,
    Read More
  • October 7, 2016
    Xerox unveils Conduent’s new global brand identity
    Xerox has announced the latest milestone in its plan to separate into two independent publicly-traded companies, by unveiling the global brand identity of Conduent Incorporated, its business process services company.
    Read More
  • May 8, 2014
    Xerox and University of Michigan partner on urban mobility
    Xerox is to form a three-year partnership with the University of Michigan Transportation Research Institute (UMTRI) to help shape the future of urban mobility across the country. The ultimate goal is to demonstrate how emerging automotive information-based systems and communications capabilities enable improved transaction-based business processes.
    Read More

Highlighted Content