Affiliated Computer Services
On July 1, 2015, Xerox sold the IT Outsourcing business to Atos. Xerox pointed out that ITO did not line up with its vision of integration of BPO (business process outsourcing) and the legacy document handling concerns. On July 29, 2016, the US District Court for the Southern District of New York dismissed the suit at law by Matthew Sciabacucchi. The lawsuit contended that some Xerox Corp directors and officers had cancelled their fiduciary duties because of purchasing ACS for $6.4 billion in 2010.