Xerox Announces Donation of Palo Alto Research Center (PARC) to SRI International

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Apr 24, 2023

Xerox+Holdings+Corporation (NASDAQ: XRX) announced today the donation of the Palo Alto Research Center (PARC) to SRI+International, a nonprofit research institute behind some of the world’s most impactful deep tech advancements. The move enables Xerox to focus entirely 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 usher in its next evolution of growth.