TechTaffy

tech:

taffy

Xerox appoints Jeff Jacobson Chief Executive

By TechTaffy Desk

The Xerox board has appointed Jeff Jacobson to be chief executive of the company, following its planned separation into two publicly traded companies. Mr. Jacobson currently serves as president of Xerox Technology, and will continue in his current role until the separation is complete.

Mr. Jacobson joined Xerox in 2012 as the president of Global Graphic Communications Operations. He became the president of the Xerox Technology business in 2014. Prior to Xerox, he served as the president, chief executive officer and chairman of Presstek, a supplier of digital offset printing solutions, where he drove a global expansion program.

On January 29, 2016, Xerox announced its plans to separate into two independent, publicly traded companies – Xerox, which will be comprised of the company’s Document Technology and Document Outsourcing businesses, and Conduent a business process services company. The company says it is on track to complete the separation by the end of 2016.

[Image courtesy: Xerox]

You may also be interested in:

Just in

Fundings

Wiz raises $1B

Cloud security company Wiz has raised $1 billion in a funding round.
Fundings

Augment raises $227M 

Palo Alto, Calif.-based Augment, an AI coding assistance startup, has emerged from stealth with the announcement of a $227 million Series B funding round.
Fundings

Dropzone AI raises $16.85M

Dropzone AI, a company that delivers pre-trained autonomous AI analysts that work alongside human analysts on security operations teams, has raised $16.85 million in a Series A funding round.
IT

Akamai to acquire Noname Security for $450M

Akamai Technologies has entered into an agreement to acquire San Jose, California-based, privately-funded API security company Noname Security, for approximately $450 million.
AI

Ukraine unveils AI-generated foreign ministry spokesperson — The Guardian

Victoria Shi is modelled on Rosalie Nombre, a singer and former contestant on Ukraine’s version of the reality show The Bachelor, according to the report on The Guardian.