Xerox wants to raise $800 million

Xerox wants to raise $800 million

Xerox wants to raise $800 million (€626million) to pay down debt maturing this year and for general corporate purposes. Xerox Holdings Corporation (Xerox) announced that it intends to commence an offering of $400 million (€339 million) aggregate principal amount of...
Xerox second-quarter revenues down

Xerox second-quarter revenues down

The OEM has released its second-quarter financial results, recording $1.47 billion (€1.25 billion) of revenue, a decrease of 35.3% year-over-year. Xerox’s second-quarter revenues showed a decline of 35.3% compared to the same period in the previous fiscal year. The...
Xerox sued for alleged patent infringement

Xerox sued for alleged patent infringement

On 23 July, Gallio IP LLC filed a civil action lawsuit in the United States District Court for the Western District of Texas for alleged patent infringement for Xerox’s  Secure Access System. In documents seen by The Recycler Plaintiff Gallio IP LLC alleges...
Xerox hacked by Maze Ransomware?

Xerox hacked by Maze Ransomware?

A company called Maze Ransome operators claim to have hacked and encrypted Xerox files and have warned to release them. A website called Security Affairs reported that Maze ransomware operators published in tweets screenshots which show “that hosts on “eu.xerox.net,”...