Skip to main content

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.

For more information on companies in this article

Related Content

  • Analysis shows driverless cars could generate motorway advertising revenue
    October 28, 2016
    Engineering consultancy Ramboll has today published analysis on the potential revenue which could be generated by motorway advertising on gantries, designed to appeal to driverless car passengers. Figures have shown suggested income of over US$5.4 million (£4.5 million) in 2026, rising steadily over subsequent years as the new technology is introduced and leading to total revenue between 2025 and 2070 of over US$4.8 billion (£4 billion). Many have estimated that self-driving cars are likely to be common
  • Cubic unveils NextTraffic at ITS America 2016 San Jose
    June 13, 2016
    Today, here at ITS America 2016 San Jose, Cubic is launching a new transportation and traffic management solution, NextTraffic, built on the Microsoft Azure cloud platform. The product leverages Cubic’s expertise in transportation payment and information technologies with Microsoft’s leadership in enterprise solutions.
  • ITS America, automakers respond to Rubio-Booker 5.9 GHz spectrum legislation
    June 23, 2014
    The Intelligent Transportation Society of America (ITS America) and US automakers have responded to the announcement on legislation introduced by US Senators Marco Rubio and Cory Booker that would set deadlines on the Federal Communications Commission (FCC) for developing and publishing a test plan for the use of unlicensed devices in the 5.9 GHz band. The senators introduced S. 2505, the Wi-Fi Innovation Act, legislation to expand unlicensed spectrum use by requiring the Federal Communications Commissio
  • Reauthorization 2012: the facts laid bare
    September 12, 2012
    A reauthorization bill for transportation came into law in July 2012, rubber stamping federal funding increases through the 2014 financial year, among other things. The new bill presents the good, the bad and the ugly of transportation infrastructure in the US, writes Pat Jones On June 29 this year, the US House of Representatives and Senate both approved the conference report on the ‘Moving Ahead for Progress in the 21st Century Act’ or MAP-21. President Obama signed this legislation into law on July 6.