Skip to main content

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,
June 17, 2016 Read time: 1 min
Following the completion of its separation into two publicly traded companies, 4186 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, and healthcare payer and provider services. The company says the name reflects the company’s position as a partner to businesses and governments, delivering experiences that drive satisfaction and retention among consumers, patients, commuters and employees.

Related Content

  • May 10, 2024
    Modaxo completes $230m kerbside sale with Conduent
    Modaxo has rebranded parking and automated traffic enforcement businesses
  • April 6, 2016
    Xerox shows Multipark and Mobility Companion
    Xerox will use Intertraffic to demonstrate two of its latest innovations in urban mobility: the Xerox Multipark Codex Parking system and Xerox Mobility Companion. The Multipark Codex Parking system features 2D barcode technology that enables ultra-fast processing of tickets and improved traffic flow at car park entry and exit. It also provides ticketless parking management capability, replacing paper tickets for entry, payment and exit, with NFC smartphone and licence plate recognition (LPR). This enables f
  • October 25, 2013
    Capita Acquires ParkingEye
    UK outsourcing company Capita is to acquire ParkingEye, a provider of technology based car parking services, for an enterprise value of U$93 million on a cash free debt free basis. ParkingEye's automatic number plate recognition (ANPR) based management system is used by clients to provide remote enforcement, management information and alerting systems. The technology, which is adaptable across market sectors, is designed to ensure that car parks are used by individuals with a legitimate right to use them
  • February 24, 2014
    Corporate car sharing fleets set to reach 85,000 vehicles in 2020
    A recent analysis from Frost & Sullivan estimates the number of vehicles in car sharing fleets to stand at around 2,000 in 2013 and forecasts that by 2020 there could be between 75,000 and 100,000 of such vehicles in operation, as providers such as OEMs, leasing arms, rental companies, car sharing organisations (CSOs) and technology providers continually enter the market and expand geographically with competing solutions. With more than half of European automobile sales now accounted for by fleet sales, set