Will this mean that PARC will transition towards doing more government funded research? SRI is pretty heavily funded by the government as far as I know.
The Morningstar article had a few more details that I couldn't find anywhere else:
"As part of the donation, Xerox will enter into a preferred research agreement, called the Technology Exploration and Innovation Program, in which SRI will provide contracted research and development services to Xerox and its clients. Through the collaborative program, Xerox and SRI will identify topic areas relevant to Xerox’s core print, digital and IT Services business, with the final goal of creating proofs-of-concept and roadmaps to implementation. Xerox will also retain a branded Innovation Hub at PARC to host meetings, demonstrations and annual conferences for its clients."
It's unclear what the size of this revenue stream is compared to SRI's current revenues.
TIL there is an investment oriented news site called https://morningstar.com. Was struggling to figure out why the Communist Party of Great Britain’s newspaper (https://www.morningstaronline.co.uk/) would have relevant coverage of this topic. Although I suppose the machinations of the Silicon Valley/US government research establishment have probably been of intense interest to international socialism since the 1960s..
PARC has been doing government funded research from the beginning (ARPA); after they were semi-spun off from Xerox they were primarily funded the same as SRI: government grants and corporate contracting.
"As part of the donation, Xerox will enter into a preferred research agreement, called the Technology Exploration and Innovation Program, in which SRI will provide contracted research and development services to Xerox and its clients. Through the collaborative program, Xerox and SRI will identify topic areas relevant to Xerox’s core print, digital and IT Services business, with the final goal of creating proofs-of-concept and roadmaps to implementation. Xerox will also retain a branded Innovation Hub at PARC to host meetings, demonstrations and annual conferences for its clients."
It's unclear what the size of this revenue stream is compared to SRI's current revenues.