Xerox said to be in talks to acquire RR Donnelley & Sons
According to various news outlets, Xerox Corp. is in talks to acquire Chicago-based commercial printing firm RR Donnelley & Sons Co. Both companies have refused comment.
If the deal goes through, Xerox ”“ headquartered in Norwalk ”“ would apparently merge parts of Donnelley within the two new companies it is splitting into later this year: Conduent, which will focus on business process outsourcing (BPO) services, and Xerox itself, which will focus on document technology.
Last August, Donnelley had said it would split into three different companies: RR Donnelley & Sons, focused on customized digital and printed communications services; LSC Communications, centered around the preparation, production and distribution of periodicals, catalogs, inserts, books, office products and directories; and Donnelley Financial Solutions, focused on content management, multichannel content distribution, data management and analytics, collaborative workflow, business reporting tools and translations services.
Xerox is presumably negotiating to acquire Donnelley, established in 1864, in its entirety.
Donnelley reported $11.3 billion in revenue during its 2015 fiscal year. Xerox”™s document technology segment generated roughly $11 billion in revenue last year, while its BPO operations accounted for about $7 billion in revenue in 2015.