Fujifilm taking control at Xerox

Combined company sets future cost-cutting at $1.7 billion

Posted: February 1, 2018 at 2:04 a.m.

Shigetaka Komori, chief executive officer of Fujifilm Holdings Corp., speaks Wednesday during a news conference in Tokyo, where the Xerox Corp. deal was announced.

Xerox, an icon of corporate America that pioneered the office copy machine as well as the graphic interface and mouse used with today's computers, only to be blindsided by the digital revolution, is coming under Japanese control.

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