Wednesday, July 21, 2010

Halloid Corporation

In the 1940s, another young inventor named Chester Carlson took his idea to 20 corporations, including some of the biggest in the country. They all turned him down. In 1947 - after seven long years of rejections! - he finally got a tiny company in Rochester, New York, the Haloid company, to purchase the rights to his invention - an electrostatic paper-copying process.
Haloid became Xerox Corporation we know today.

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