Word: copier
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When it comes to image building, few big corporations outshine Xerox. A firm that started small (as the Haloid Co.) and grew gigantic on the success of its office copiers, Xerox is known as the builder of a brilliant research team, an enlightened employer, and a responsible corporate citizen. Last year it began a unique sabbatical program in which 20 of its employees each year are paid to work full time on outside social projects. The company regularly sponsors some of TV's best programming, and the price record of its stock is something of a Wall Street legend...
...Federal Trade Commission announced yesterday that it will issue a complaint charging that the Xerox Corporation has monopolized the $1.7 billion office copier industry by engaging in unfair marketing and patent practices...
...gains in the second half will not be quite so large as Wall Street had been expecting. McColough frankly concedes: "We are not happy about what we have to do, but the simple truth is that we have no choice. If we do not do it [develop a computer-copier system], IBM will, and then we will be nothing more than a company that makes duplicating machines for tiny little offices and businesses...
...done better at making copiers. Though it has only one model and has marketed that for only about two years, IBM is believed already to be No. 3 in the field, behind Xerox and 3M. (Its gains, however, seem to have come at the expense of such concerns as 3M, Addressograph Multigraph, SCM, Sperry Rand and Dennison, rather than Xerox, which retains three-fourths of the global copier market...
...Chairman T. Vincent Learson will not talk about the company's copier program, but IBM's chief problem in getting a computer-copier system on the market seems to be neither financial nor technical but legal. Xerox has built a fence of patents and copyrights around its duplicating technology, and already is suing IBM for alleged patent infringement. Conceivably it can tie IBM in legal knots until its own technicians perfect a computer-copier system-though no one can be too sure who remembers the long line of corporate giants that have lost competitive battles with...