Louie Pastor will head Xerox’s Corporate Development group as it invests out of a $250m fund and explores mergers and acquisitions.
US-based printing technology producer Xerox has announced details of its plans to launch innovation and corporate development divisions through a reorganisation involving the formation of a $250m corporate venturing arm.
Xerox’s Corporate Development group will engage in investments and merger and acquisition deals as well as deploying the recently announced $250m fund.
The unit is yet to be launched but will invest in mid-sized, growth-stage companies aligned with Xerox’s strategic interests. It will be led by executive vice-president Louie…
