Tag: Xerox

Xerox Holdings Corporation Announces Full Exercise of Over-Allotment Option for its 3.75% Convertible Senior Notes due 2029, and Completion of Series of Financing Transactions

Norwalk, Conn. – WEBWIRE – Wednesday, March 27, 2024 Xerox Holdings Corporation (NASDAQ: XRX) (the Company) announced the full exercise of the over-allotment option for its offering of 3.75% Convertible Senior Notes due 2030 (the Convertible Notes), raising an additional $50,000,000 and bringing the total gross proceeds from the Convertible Notes offering to $400,000,000. This announcement follows the Companys announcements last week of the closing of its offering of $500,000,000 aggregate principal amount of 8.875% Senior Notes due 2029 (the Senior Notes), as well as the early settlement of its previously announced cash tender offers, resulting in the repurchase of ... Read more

Xerox Releases Statement Regarding Cybersecurity Incident Affecting XBS Subsidiary

WEBWIRE – Tuesday, January 2, 2024 Recently, Xeroxs subsidiary, Xerox Business Solutions, which was detected and contained by Xerox cybersecurity personnel.The event was limited to XBS U.S. We are actively working with third-party cybersecurity experts to conduct a thorough investigation into this incident and are taking necessary steps to further secure the XBS IT environment. The incident had no impact on Xeroxs corporate systems, operations or data, and no effect on XBS operations.  However, our preliminary investigation indicates that limited personal information in the XBS environment may have been affected. As per our policy and standard operating procedure, we will ... Read more

Xerox Takes Top Spot in Quocirca Managed Print Services Report

Xerox, a global workplace technology company, remains the leader in the worldwide managed print services (MPS) market, securing the top position in Quocirca’s worldwide market landscape report. “Xerox continues to impress with its leadership position as an established and innovative MPS provider, recognized for its cloud capabilities, exceptional security features and strong support for the hybrid workplace environment,” said Quocirca Director Louella Fernandes. “Xerox’s comprehensive service portfolio supported by a mature global service delivery platform helps position Xerox as a leader in the market.” While the global pandemic presented new challenges for MPS providers, Xerox remained the leader in this space due ... Read more