Xerox - Haloid formed a joint venture in the UK with Rank Organisation whose Rank Precision Industries Ltd.
Time: 1956
Place: United Kingdom
Details: In 1956, Haloid formed a joint venture in the UK with Rank Organisation whose Rank Precision Industries Ltd. subsidiary was charged with anglicizing the US products. Rank's Precision Industries went on to develop the Xeronic computer printer and Rank Data Systems Ltd was set up to bring the product to market. It used cathode ray tubes to generate the characters and forms could be overlaid from microfilm images. Initially, they planned for the Ferranti and AEI computer companies to sell the Xeronic as an on-line peripheral, but due to interface problems, Rank switched to a magnetic tape off-line technique. In 1962, Lyons Computers Ltd. placed an order for use with their LEO III computer, and the printer was delivered in 1964. It printed 2,888 lines per minute, slower than the target of 5,000 lpm.
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