In spite of suffering a first-quarter loss owing to acquirement and reshuffle costs, Xerox Corp. reported a 33% increase in sales on Friday. It seems that it is all due to the acquisition of Affiliated Computer Services Inc.

Last quarter, Xerox sealed its $6.4 billion attainment of Affiliated Computer Services that expanded Xerox's service offers into payrolls, accounts payable, technology outsourcing and other business tasks.

The new business permitted Xerox to more than twofold its services profits in the first quarter and tracks reports from tech giants such as Intel Corp. that companies are beginning to spend again.

Xerox Chief Executive, Ursula Burns said, "We started the year strong with the successful acquisition of ACS and solid performance in revenue, operational improvements and cash generation".

He remarked that their results reveal increasing demand for Xerox's document technology in developing marketplaces and from little and mid-size industries.

The printer-and-copier manufacturer also forecasted a second-quarter earnings above Wall Street predictions.

Xerox is not a chief pointer of economic recoup, but its extensive corporate customer base time and again reveals wide trends in business spending.

The takeover of ACS was Xerox's largest acquisition ever and improved the company's capability to aim markets, which are developing quicker than printing and copying.