Unselfish Xerox boss hands bragging rights to Icahn

January 29, 2016

Ursula Burns says the activist wasn’t involved in the board’s decision to split the $9 bln company. But he’s getting board seats at one offshoot. And Burns, unusually, hasn’t yet grabbed a role in the new structure. That’s a shareholders-first approach other CEOs could emulate.

Amazon could eventually face a Xerox moment

January 29, 2016

The online retailer is growing rapidly, while the tech icon has faded fast. But both companies pair businesses that don’t fit together. Activist Carl Icahn persuaded Xerox to split off its more promising assets. If he’s still around, a similar move might someday work for Amazon.

Icahn Xeroxing the HP breakup playbook for Xerox

November 24, 2015

The activist took a 7.1 pct stake in the faded technology icon, which appears to be in a state of permanent restructuring. The $10 bln copier maker has some decent assets inside a disappointing whole. Finding buyers for some, and milking others for cash, looks logical.

Tech services deals count on more with less

September 28, 2009

The U.S. computer services industry is back in favor, after a decade of struggling to cut costs and compete with offshore firms from India and elsewhere... But what's driving these deals is not a bet on the improving growth prospects of the services industry. Instead, the buyers value computer services companies more as sales pipelines for their own products.