Building on its three-decade tradition of innovation, PARC works with Xerox and other strategic partners to commercialize technologies created by its renowned scientists. As the birthplace of technologies such as laser printing, Ethernet, the graphical user interface, and ubiquitous computing, PARC has an established track record for transforming industries and creating commercial value.

Nearly every Xerox product on the market today incorporates or has been influenced by PARC inventions. PARC has produced nearly 30 new companies, licensed its technologies to industry leaders, and made significant scientific contributions in fields as diverse as materials science, distributed computing, linguistics and sociology.

Incorporated as an independent company in early 2002, PARC is defining a new vision for how pioneering research creates commercial impact. Through a balance of technology and intellectual property licensing, sponsored strategic research and new business creation, PARC is extending its tradition of groundbreaking advancements, delivering business results through the commercialization channels of industry partners.

PARC+IPVALUE
In May 2005, PARC announced the appointment of IPVALUE Management as its partner for the worldwide commercialization of major areas of its intellectual property portfolio. Under the multi-year agreement, IPVALUE will spearhead technology licensing initiatives for PARC’s world-class technologies.

“PARC’s business model encompasses a balance of strategic research partnerships with industry leaders, government-sponsored research, and licensing of PARC-generated intellectual property. This partnership with IPVALUE greatly extends our ability to commercialize the portfolio of intellectual property our research teams generate.”

Mark Bernstein, President and Center Director of PARC.