August 30, 2016 3:41 AM ET

IT Services

Company Overview of Xerox Business Services, LLC

Company Overview

Xerox Business Services, LLC provides business process outsourcing and information technology (IT) services worldwide. It offers cloud computing services, such as infrastructure-as-a-service, cloud consulting, virtual desktop infrastructure, private cloud deployment, hosted communications, and collaboration-as-a-service; customer care; and document and data management services, including strategic advisory, construction and facilities services, film and fiche processing, workflow integration, intelligent queue, mail processing, media conversion, managed print services, and communication and marketing services, as well as capture, imaging, storage and retrieval services. The company also prov...

2828 North Haskell

Dallas, TX 75204

United States

Founded in 1988

78,000 Employees





Key Executives for Xerox Business Services, LLC

Founder, Chairman and Member of Special Transaction Committee
Age: 76
Chief Financial Officer and Executive Vice President
Group President of Healthcare Payer and Insurance
Group President of Financial Services Group - Xerox Business Services, Llc
Chief Operating Officer of European Services and Corporate Vice President at Xerox
Age: 63
Compensation as of Fiscal Year 2016.

Xerox Business Services, LLC Key Developments

ACS Wins GBP 200 Million Multiple Awardees Contract for Office Supplies

ACS won GBP 200 million (excluding VAT) multiple awardees contract award from The Minister of the Cabinet Office acting through Crown Commercial Service for office supplies (Contract Award Notice No.: 2015/S 067-119003).

Symetra Life Insurance Company Extends Master Services Agreement with Xerox Business Services, LLC

Symetra Life Insurance Company, the principal operating subsidiary of Symetra Financial Corporation, extended the master services agreement by and between Symetra Life and Xerox Business Services, LLC, effective August 1, 2009, for a second twelve-month renewal term. The agreement provides for an initial five-year term and two successive twelve-month renewal terms. On March 3, 2014, Symetra Life extended the Agreement for the first twelve-month renewal term, which began on August 1, 2014. The second twelve-month renewal term begins August 1, 2015. The material terms of the Agreement remain unchanged.

ACS Reports Earnings Results for the First Half Ended June 30, 2014

ACS reported earnings results for the first half ended June 30, 2014. For the period, the company reported sales amounted to EUR 18,759 million, 5.0% less than in the same period the year before as a consequence of the impact of exchange rate fluctuations, especially the depreciation of the Australian dollar against the Euro, and the asset sales in 2013. At constant exchange rates and with the same scope of consolidation, sales would have grown by 5.1%. EBITDA fell by 15.2% due to the aforementioned impact of the exchange rate changes, the sale of assets by Hochtief in 2013 and the establishment of FleetCo by Leighton. Eliminating these effects, EBITDA would have increased 2.1%. The attributable net profit reached EUR 395 million, 10.7% higher than in the first half of 2013. Net debt rose EUR 1,233 million during the second quarter up to EUR 5,812 million at the end of June, with an increase in fixed income financing.

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