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Before reading this, take a moment to stare at your computer. Check out the crisp, high definition picture you're gazing at right now, as you hum along at a stable and steady broadband speed. We forget sometimes how far we've come, so as a reminder, we decided to dedicate this gallery to 25 of the most influential machines in PC history. Enjoy!
Xerox will fork over $69 million to put to rest the last of what ended up being several shareholder lawsuits following the company's acquisition of Dallas-based Affiliate Computer Services Inc. (ACS) a year ago.
The $6 billion acquisition drew criticism from shareholders when it was discovered that ACS founder Darwin Deason was receiving additional payments, including a $300 million premium for his Class B shares of ACS. All told, Deason received a billion in stock and cash from Xerox, which he said was "consistent with other strategic acquisitions of similar scope and size."
It didn't take long for shareholders to file lawsuits in Dallas and Delaware, all of which pretty much alleged that Deason's deal was overly generous compared with what other ACS stockholders would receive.
Under terms of the deal, Deason will forfeit $12.8 million of the settlement, while Xerox "did not admit any wrongdoing."
One thing Google and Yahoo have in common is that they're both big into the search game. And what else? They're both also being sued by Xerox.
In a lawsuit filed late last week, Xerox says both Google and Yahoo operate products and services that infringe on two of its patents, No. 6,778,979 and No. 6,236,994. These patents, granted in 2004 and 2001, respectively, have to do with how documents are organized.
Xerox said it has tried to work out a licensing deal with the two search giants, but neither Google or Yahoo would have any part of it. As it currently stands, the trio will do battle in court, where Xerox will seek an injunction against both search parties as part of the case.
Xerox on Thursday announced its Enterprise Print Services (EPS), the company's first product aimed at helping enterprises manage documents at home and remote locations, Xerox said.
"By expanding managed print services (MPS) beyond the office walls, organizations have total control over company-wide print spend," said Ken Weilerstein, vice president, research at Gartner. "This is significant because internal and external print shop costs can often exceed office printing spend, so optimizing across all print environments will uncover more sources of cost savings."
Xerox said it will monitor off-site devices with support via phone, email, or Web-based sessions. The outfit will also offer print routing based on an analysis of employee work habits and help setup guidelines to direct documents to the most appropriate device. One scenario in which this would play out is if an employee attempts to send a document to a higher-end printer, they'll receive a message such as "Print to a different printer to save $20."
Companies using Xerox's EPS include The Dow Chemical Company, EMC, Procter & Gamble, and University of Pittsburgh Medical Center.