Xerox went through the process of making PARC a wholly-owned subsidiary in 2002 (which is around the time the parc.com domain was created to replace the parc.xerox.com subdomain). This was presumably as part of trying to sell of PARC, in part or as a whole.
Xerox's revenue has been slowly declining over that time (~$15B from 2002-2009, ~$20B 2010-2013, ~$10B 2014-2019, ~$7B 2020-2023). There's likely a few business-related reasons they are doing this donation now.
Xerox's revenue has been slowly declining over that time (~$15B from 2002-2009, ~$20B 2010-2013, ~$10B 2014-2019, ~$7B 2020-2023). There's likely a few business-related reasons they are doing this donation now.