There are a lot of details behind Xerox's announcement last week to split into two companies.
Xerox – whose Global Services division ranks No. 7 on CRN USA’s 2015 Solution Provider 500 list – has enjoyed a long and storied history as a manufacturer of photocopiers, printers and other business products. In 2010, it bought Affiliated Computer Services (ACS), a services and outsourcing company, for US$6.4 billion. But in 2014, it sold its IT outsourcing business to French services company Atos for US$1.05 billion.
Here are five things you need to know about the proposed split, from what each of the entities will do, to what’s driving it, and how they will be governed.