Business Equipment Industry
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Related Industries
Aerospace/Defense - Major Diversified,
Aerospace/Defense Products & Services,
Diversified Machinery,
Industrial Electrical Equipment,
Industrial Equipment & Components,
Industrial Equipment Wholesale,
Machine Tools & Accessories,
Metal Fabrication,
Pollution & Treatment Controls,
Small Tools & Accessories
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Stock of the Day
The Business Equipment Industry's Xerox (XRX) was InvestorGuide.com's Stock of the Day on 9/28/2009.
Xerox Copies the Competition
Xerox Inc. agreed to buy Affiliated Computer Services Inc. (ACS: Charts, News, Offers) for $6.4 billion today. The deal marks the biggest acquisition ever for Xerox, and is also the company's first major move under its new CEO, Ursula Burns. These types of company mergers have become very popular lately in the business technology industry. Dell (DELL: Charts, News, Offers) just bought Perot Systems Inc. (PER: Charts, News, Offers) last week while Hewlett-Packard (HPQ: Charts, News, Offers) started the trend with its acquisition of Electronic Data Systems (EDS: Charts, News, Offers) a year earlier. Most of Xerox's competitors have already made similar strategic maneuvers as Xerox Inc.'s recent ACS purchase, but does that make it the right move for Xerox?Read more
Click here to see the complete Stock of the Day archives!
Xerox Copies the Competition
Xerox Inc. agreed to buy Affiliated Computer Services Inc. (ACS: Charts, News, Offers) for $6.4 billion today. The deal marks the biggest acquisition ever for Xerox, and is also the company's first major move under its new CEO, Ursula Burns. These types of company mergers have become very popular lately in the business technology industry. Dell (DELL: Charts, News, Offers) just bought Perot Systems Inc. (PER: Charts, News, Offers) last week while Hewlett-Packard (HPQ: Charts, News, Offers) started the trend with its acquisition of Electronic Data Systems (EDS: Charts, News, Offers) a year earlier. Most of Xerox's competitors have already made similar strategic maneuvers as Xerox Inc.'s recent ACS purchase, but does that make it the right move for Xerox?Read more
Click here to see the complete Stock of the Day archives!
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On This Date
March 18, 1850:
American Express is founded.
American Express is founded.
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