Deal will close before end of Q4. End of an era for sure.
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For the record, the iconic PARC building has never been owned by Xerox. It has always been leased. Xerox still sucks though.
“Parc real estate property worth far more than what’s on it”
Xerox sold it decades ago.
Parc real estate property worth far more than what’s on it
I left PARC about six years ago, and there were a lot of empty offices. I didn't bother to count, but seemed like most of the research done there wasn't Xerox research. Pretty much a shell of what it used to be.
How on earth is Naresh Canker still here?
CTO??? Would love to see his calendar.
Who are the buyers?
Xerox Recycling Community College is where tech prospects go to learn how to pick apart trash machines because they can't get parts.
Parc should have been renamed Passe, when they were fitting around with subs names
Sounds like hopeful thinking to me...No self-respecting technology company would even consider a purchase of PARC. If other company thinks there is some talent in PARC, they would just hire the individuals away.
Only the dum-dums in Webster will be left.
Wishing the best for our teammates at XRCC. Outstanding level of support technologically and interpersonally.
Steve B, be careful using this site to break Xerox confidential information. You probably need to disclose it to the general public through a public announcement first.