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Rank Xerox Limited was formed in 1956 as a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
between the
Xerox Xerox Holdings Corporation (, ) is an American corporation that sells print and electronic document, digital document products and services in more than 160 countries. Xerox was the pioneer of the photocopier market, beginning with the introduc ...
Corporation of United States (a.k.a. Haloid Photographic) and
The Rank Organisation The Rank Organisation (founded as the J. Arthur Rank Organisation) is a British entertainment Conglomerate (company), conglomerate founded in 1937 by industrialist J. Arthur Rank. It quickly became the largest and most vertical integration, ve ...
of the United Kingdom, to manufacture and market Xerox equipment initially in Europe and later in Africa and Asia. A further joint venture between Rank Xerox and
Modi Group Modi Industries Limited is an Indian Conglomerate (company), business conglomerate based in New Delhi, India. The US $2.8 billion group, consisting of Godfrey Phillips India, Indofil Industries Ltd., Modicare Limited, has a diversified busines ...
in India formed Modi Xerox (now
Xerox India Xerox India, based in Gurgaon, India, is the Indian subsidiary of Xerox Corporation, an American printer, photocopier, document supplies, technology & services company. Originally Modi Xerox, the business was derived from a joint venture form ...
) to manufacture and sell Xerox equipment in the
Indian subcontinent The Indian subcontinent is a physiographic region of Asia below the Himalayas which projects into the Indian Ocean between the Bay of Bengal to the east and the Arabian Sea to the west. It is now divided between Bangladesh, India, and Pakista ...
. The initial joint venture was 50% Xerox and 50% Rank Organisation, but this changed after a few years to a 60/40 split. Later, Xerox bought a further share making the split 80/20, and in the late 1990s, completed the purchase, so Rank Xerox Limited formally became Xerox Limited. The Rank Xerox Research Centre was renamed to the Xerox Research Centre Europe. The laboratory, based in France, was acquired by South Korean IT company
Naver Corporation Naver Corporation () is a South Korean internet conglomerate headquartered in Seongnam that operates the search engine Naver. Naver established itself as an early pioneer in the use of user-generated content through the creation of the online ...
in 2017, and later became Naver Labs Europe.


History

In 1956,
The Rank Organisation The Rank Organisation (founded as the J. Arthur Rank Organisation) is a British entertainment Conglomerate (company), conglomerate founded in 1937 by industrialist J. Arthur Rank. It quickly became the largest and most vertical integration, ve ...
was looking for a product to sit alongside a small business it had making camera lenses. Thomas Law, who was the head of the business, found his answer in a scientific magazine he picked up by chance. He read about an invention that could produce copies of documents as good as the original. Law tracked down the backers, an obscure photographic-supply company in Rochester, New York, named Haloid. Haloid and Rank subsequently formed an affiliate called Rank Xerox (Rank put up £600,000 for a 50% stake in Rank Xerox). This arrangement paved the way for Xerox factories in Great Britain and a sales and distribution system that brought Xerox machines to the European market. As photocopying took the world by storm, so did Rank's profits. According to Graham Dowson, later Rank's chief executive, it was "a stroke of luck that turned out to be a touch of genius … If Tom Law had not seen that magazine, we would not have known about xerography – or at least not before it was too late." In 1962, Rank Xerox also formed a joint marketing and manufacturing facility in Japan with The Fuji Photo Film Company and named Fuji Xerox (now Fujifilm Business Innovation). In a speech in 1968, Rank Xerox managing director Nigel Foulkes said that in 1961 the company had had "a five-years' lead over the rest of the world", with copying products which had no serious competition. But "you cannot strike oil and not expect other prospectors to sink wells". In 1968, Rank Xerox, under Foulkes, initiated a marketing concept to sell rather than rent their copying machines behind the
Iron Curtain The Iron Curtain was the political and physical boundary dividing Europe into two separate areas from the end of World War II in 1945 until the end of the Cold War in 1991. On the east side of the Iron Curtain were countries connected to the So ...
, by appointing Gordon S Planner as General Manager East Export Operations via a firm of head hunters. Sales of machines increased rapidly to Eastern Europe and a unique marketing concept deployed in 1973 using a specially built and equipped train showcasing Rank Xerox copiers, it toured nine countries in Eastern Europe covering 30,000 miles and returned orders of over £3m. Commissioning London based designer Cairnes Maltby, the latter came up firstly with a train unit comprising five carriages. These contained staff accommodations, a kitchen, overnight staff sleeping cabins and a demonstration salon and bar. Pulled by engines of the various countries of the Soviet Bloc, the train reached Russia and a welcome market. The following year Cairnes Design Associates produced the first of the Rank Xerox Showliners. A large, articulated, semi-trailer truck with motorised pull-outs, this allowed the road-legal trailer to extend to a fully functional showroom, complete with large picture windows and small kitchen. Unlike the train it was capable of reaching the small to medium size cities of the Soviet Bloc. Both train and truck avoided the problems that affected western firms trying to establish a presence in the East. Later, in the UK, the mobile exhibition concept was taken to its ultimate conclusion. Following several truck based Showliners, a train and a converted bus, a huge mobile exhibition was conceived. This moved from town to town, like a circus, using sports halls and exhibition centres to present a vast, virtual,
office of the future The office of the future is a collection of ideas for redesigning the office. As technology and society have evolved, the definition of the office of the future has changed. Current concepts, dating from the 1940s, are now known as the "paperless ...
. Ralph Land CBE, was General Manager of Rank Xerox Eastern Europe Operations (1976–91). During the 1980s the managing director Roland E. Magnin helped the company to become the international arm of Xerox Corporation. He then moved to the corporation's headquarters in Connecticut where he was responsible for the decentralization program of the company as one of its top directors. The remaining 20% stake owned by the Rank Organization in Rank Xerox Limited was bought out by the parent Xerox Corporation for £940 million in 1997; the company was renamed Xerox Limited soon after. The Rank Xerox name was discontinued following the buyout in favour of Xerox, and the Rank Xerox Research Centre was renamed to the Xerox Research Centre Europe. The laboratory, based in France, was acquired by South Korean IT company
Naver Corporation Naver Corporation () is a South Korean internet conglomerate headquartered in Seongnam that operates the search engine Naver. Naver established itself as an early pioneer in the use of user-generated content through the creation of the online ...
in 2017, and later became Naver Labs Europe.


Awards

* Rank Xerox was the first winner of the
European Quality Award The European Quality Award is now referred to as the EFQM Excellence Award. This distinction is awarded annually by the European Foundation for Quality Management to the organisation that is the best proponent in Europe of Total Quality Management ...
in 1992. * Rank Xerox was the first sponsor of Southampton F.C. from 1980 until 1983. * Rank Xerox was the first sponsor of
Hull Kingston Rovers Hull Kingston Rovers (often abbreviated to Hull KR) are a professional rugby league club based in Kingston upon Hull, Yorkshire, England. The club play home games at Craven Park, Hull, Craven Park and compete in Super League, the top tier of B ...
in 1983.


See also

* The comic character RanXerox, initially named after a Rank Xerox photocopier.


References


External links


Xerox Limited
at
Companies House Companies House is the executive agency of the British Government that maintains the Company register, register of companies, employs the company registrars and is responsible for Incorporation (business), incorporating all forms of Company, co ...
{{Xerox Xerox Electronics companies established in 1956 Former joint ventures 1956 establishments in England Electronics companies disestablished in 1997 1997 disestablishments in England 1997 mergers and acquisitions