Xerox Corporation engages in the development, manufacture, marketing, servicing, and financing of document equipment, software, solutions, and services worldwide. It offers digital monochrome and color systems for customers in the graphic communications industry and enterprises, as well as various prepress and post-press options. Xerox Corporation markets its products through direct sales force, as well as through a network of independent agents, dealers, value-added resellers, and systems integrators. The company was founded in 1906 and is headquartered in Stamford, Connecticut.

Cypress advised Xerox and provided a fair value opinion regarding the transfer of certain private equity fund investments within Xerox’s pension plan.