(Reuters) - Office equipment manufacturer Xerox will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its mainstay business, the ...
Xerox Holdings Corp. today announced plans to buy Lexmark International Inc., one of its main competitors in the printer market, for $1.53 billion. The company plans to finance the deal with a ...
Lexington, Ky.-based Lexmark, a valuable partner and supplier to Xerox, is a provider of imaging solutions and technologies including a best-in-class line of printers and multifunction printers.
Until then, both Xerox and Lexmark will maintain their current operations and operate independently. Lexmark is a Lexington-based manufacturer of laser printers and imaging products. The company ...
Its operating segments are centered around printing and tech solutions. It sells document systems, IT, and software products. Xerox is mostly famous for the company's printers, copiers ...
Transaction between printing industry icons is expected to close in second half of 2025 NORWALK, Conn. & LEXINGTON, Ky., December 23, 2024--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ ...
Office equipment manufacturer Xerox will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its mainstay business, the companies said ...
Xerox, a household name globally, has posted revenue declines for five straight quarters as demand for printing equipment sputtered and it faced tough competition from HP and Canon. Its shares ...
Xerox has agreed to buy the laser printer maker Lexmark International Inc. from a consortium of Asian investors in a deal valued at $1.5 billion. The transaction includes debt and other ...