According to sources, a deal is not imminent.
According to two sources who are familiar with the matter at hand, Xerox Corp is in talks with RR Donnelley, a financial printing firm.
Incidentally Xerox is set to split into two companies by the end of this year.
According to a source, negotiations between the two companies are on and a deal is not imminent as both have significant issues which need to be ironed out before a deal can come through.
Both companies did not respond to requests for comments.
Bloomberg was the first to report yesterday that Xerox is looking to acquire RR Donnelley and later merge it within its newly formed companies after it splits into two.
Earlier this year Xerox had disclosed it will split into two companies: while one will focus solely on document printing technologies, for copiers and printers, and is set to have an annual revenue of $11 billion, the other will be a business process outsourcing company with revenues touch $7 billion.
Of late Xerox has been trying to turn itself around and has tended to focus on software development and services to corporate customers in efforts to trim printing costs and more consumers migrate to mobile devices.
Last year, RR Donnelley had also announced its plans of a three way split. However, these plans have yet to materialise.
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