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XEROX PARC: /zee'roks park'/ The famed Palo Alto Research
   Center.  For more than a decade, from the early 1970s into the
   mid-1980s, PARC yielded an astonishing volume of groundbreaking
   hardware and software innovations.  The modern mice, windows, and
   icons style of software interface was invented there.  So was the
   laser printer and the local-area network; and PARC's series of D
   machines anticipated the powerful personal computers of the 1980s
   by a decade.  Sadly, the prophets at PARC were without honor in
   their own company, so much so that it became a standard joke to
   describe PARC as a place that specialized in developing brilliant
   ideas for everyone else.

The stunning shortsightedness and obtusity of XEROX's top-level suits has been well anatomized in "Fumbling The Future: How XEROX Invented, Then Ignored, the First Personal Computer" by Douglas K. Smith and Robert C. Alexander (William Morrow & Co., 1988, ISBN 0-688-09511-9).