Xerox Corp. became a household name for selling photocopiers and printers. But the Fortune 500 company has been transitioning its business model from simply just supplying office machinery to providing actual services for corporations’ back offices.
However, the Norwalk-based company’s recent lawsuit in Connecticut federal court against three former executives has revealed some bumps in the road for that transition. Earlier this month, Xerox, as well as a limited liability company of which it’s the sole member, Xerox Business Services, sued the former top-level employees who left the corporate giant to form a startup that would compete with Xerox in the arena of consulting services.
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