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Xerox Buys Software Firm CVG; Mark Brennan Comments

Xerox (NYSE: XRX) has acquired Customer Value Group, a provider of cloud-based accounts receivable and customer relationship management software. Xerox will add to its financial process outsourcing services CVG’s Value+ cloud application that works to unify AR and customer service operations, the company said July 2. Mark Brennan, Xerox group president …

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Xerox Board OKs 6-Cent Common Stock Dividend

The board of directors at Xerox (NYSE: XRX) has approved a quarterly cash dividend of 5.75 cents per share on the company’s common stock and a dividend of $20 per share on its Serie A convertible perpetual preferred stock. Holders of the common stock as of Sept. 30 will receive that …

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Kathryn Mikells Joining Xerox as EVP, CFO; Ursula Burns Comments

Kathryn Mikells, chief financial officer at home security system maker ADT (NYSE: ADT) since April 2012, will join Xerox (NYSE: XRX) as executive vice president and CFO on May 2. Mikells, current board member for the Hartford Financial Services Group, helped lead ADT through its separation from former parent company …

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Xerox Names Northrop, TASC Vet Mark Leary Info Security Lead

Xerox (NYSE: XRX) has appointed Mark Leary chief information security officer, where he will oversee the company’s information security and governance strategy. The company said this strategy includes protecting its intellectual property, assets and client information. Xerox appointed him to anticipate and respond to evolving technology, Chief Information Officer Carol …

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Xerox Reports 2Q Services Growth as Govt Healthcare Drives BPO Gains

Xerox (NYSE: XRX) released financial results for its 2012 second quarter Friday, reporting total services revenue growth of 5 percent over the prior year period. The company’s $2.806 billion in services revenue was buoyed by a 7 percent increase in business process outsourcing sales. BPO revenue represented 56 percent of …

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Xerox to Support Texas Cloud Systems on $848M Contract

Xerox (NYSE: XRX) won an $848 million contract to provide statewide cloud-based services in Texas, the company announced Monday. The company will help the Department of Information Resources create secure cloud computing-based services by consolidating the state’s data centers under the eight-year contract. The contract will provide more than 500 jobs …

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ACS, A Xerox Co. to Help L.A. Cut Traffic Congestion

ACS, A Xerox Company (NYSE: XRX) is working on a program that would alter toll rates based on traffic levels to cut congestion on the new ‘ExpressLanes’ in Los Angeles. According to the firm, “the Los Angeles County Metropolitan Transportation Authority will convert portions of Interstate 10 and Interstate 110 …

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ACS, A Xerox Co. to Overhaul Arkansas Court Document Management; Joe Doherty Comments

ACS, A Xerox Company (NYSE: XRX) has a deal in place with the state of Arkansas to overhaul court system with technology to electronically file and manage court documents. The process would save the state time and money, the firm reports. “Arkansas will have a solution to a problem that …

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ACS, A Xerox Co. to Bring Major Savings to Indy with Public Parking Overhaul

ACS, A Xerox Company (NYSE: XRX) won a contract from the City of Indianapolis to overhaul its public parking system, delivering advanced technology and convenience to the city’s motorists and businesses. The agreement is expected to raise the city more than half a billion dollars over the next 50 years. …

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ACS, A Xerox Co. Creates New Device to Help Firefighters; Joe Doherty Comments

ACS, A Xerox Company (NYSE: XRX) rolled out a new product to help fire inspectors and firefighters better battle blazes. The FHinspector for iPad is the first application for the Apple iPad aimed at improving fire inspections and allows for easy sharing of information with firefighters in the heat of …

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