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Xerox Calls Its New Spinoff Company Conduent

Following the separation of Xerox’s services business and legacy hardware operations into two publicly traded companies, Xerox said it will name the planned Business Process Outsourcing (BPO) company Conduent, and the Document Technology company will continue to be called Xerox Corporation. The name Conduent is inspired by the new company’s expertise in connecting clients and their constituents through seamless transactions at massive scale in areas such as customer care, transportation solutions, and healthcare payer and provider services. Conduent reflects the company’s position as a partner to businesses and governments, delivering...