Indeed, this isn't our father's Xerox. In February, Xerox closed its $6.4 billion acquisition of Affiliated Computer Services—an outsourcing and integration firm that competed directly with the likes of HP Services (EDS) and IBM Global Services. While Xerox plans to operate ACS as a wholly separate entity, the inclusion of the new company's revenues catapulted Xerox's top line from $15.2 billion to $22.7 billion.