Xerox Holdings Corporation has announced the donation of the Palo Alto Research Center (PARC) to SRI International, a nonprofit research institute. The move enables Xerox to focus on delivering new innovations around its own print, digital and IT service offerings, while allowing the PARC team to join a leading research institution to continue developing pioneering technologies.
Founded in 1970, Xerox PARC was established as an independent company in 2002. The organization has pioneered numerous technological advancements, including Ethernet, laser printing, the graphical user interface and ubiquitous computing. Xerox’s donation of PARC to SRI will open new doors of opportunity for both organizations.
As part of the donation, Xerox enters into a preferred research agreement—the Technology Exploration & Innovation Program—in which SRI will provide contracted research & development services to Xerox and its clients. Through the collaborative program, Xerox and SRI will identify topic areas relevant to Xerox’s core print, digital and IT Services business, with the final goal of creating proofs-of-concept and roadmaps to implementation. Xerox will also retain a branded Innovation Hub at PARC to host meetings, demonstrations and annual conferences for clients. Learn more here.
Founded in 1970, Xerox PARC was established as an independent company in 2002. The organization has pioneered numerous technological advancements, including Ethernet, laser printing, the graphical user interface and ubiquitous computing. Xerox’s donation of PARC to SRI will open new doors of opportunity for both organizations.
As part of the donation, Xerox enters into a preferred research agreement—the Technology Exploration & Innovation Program—in which SRI will provide contracted research & development services to Xerox and its clients. Through the collaborative program, Xerox and SRI will identify topic areas relevant to Xerox’s core print, digital and IT Services business, with the final goal of creating proofs-of-concept and roadmaps to implementation. Xerox will also retain a branded Innovation Hub at PARC to host meetings, demonstrations and annual conferences for clients. Learn more here.
