IP: PARC to be sold

[David Farber <dave () farber net>]

[I am reminded of MCC and Bellcore . That does not speak well for the 
future djf]

> From: David Lesher <wb8foz () nrk com>
> Subject: PARC to be sold
> To: farber () cis upenn edu (David Farber)
>
>
> X-URL: 
> http://www.washingtonpost.com/ac2/wp-dyn/A28823-2001Dec11?language=printer
>
>
> Xerox's Research Lab to Be Spun Off
>
> Associated Press
> Wednesday, December 12, 2001; Page E01
>
> PALO ALTO, Calif., Dec. 11 -- The Xerox Corp. research lab in
> Silicon Valley, which gave the world some of the essential elements
> of modern computing, is being spun off into an independent company
> as part of a plan to attract outside investors.
>
> Xerox has said for more than a year that it will look for
> "strategic partners" to help commercialize inventions developed
> at its Palo Alto Research Center, or PARC.
>
> To make that possible, Xerox said today that it would make PARC
> into a separate, wholly owned subsidiary as of Jan. 1. Xerox is
> holding talks with several potential investors, spokesman Bill
> McKee said.
>
> ..............

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