Xerox was founded in 1906 in Rochester as The Haloid Photographic Company, which originally manufactured photographic paper and equipment. In 1938 Chester Carlson, a physicist working independently, invented a process for printing images using an electrically charged drum and dry powder “toner”.
Joseph C. Wilson, credited as the “founder of Xerox”, took over Haloid from his father. He saw the promise of Carlson’s invention and, in 1946, signed an agreement to develop it as a commercial product. Wilson remained as President/CEO of Xerox until 1967 and served as Chairman until his death in 1971.
Looking for a term to differentiate its new system, Haloid coined the term Xerography from two Greek roots meaning “dry writing”. Haloid subsequently changed its name to Haloid Xerox in 1958 and then Xerox Corporation in 1961.