Lexmark CEO Waugerman Steps Down
Lexmark President and CEO Allen Waugerman has stepped down from his positions at Lexmark. The move coincides with Xerox’s completion......
Category: Lexmark
This Week in Imaging: Xerox Acquires Lexmark, HP Considers Landa
While a lot of attention has been paid to how the acquisition will affect Xerox, what will be the effects on Lexmark, which has not been performing particularly well and is saddled with $1.05 billion in debt?
Xerox Completes Acquisition of Lexmark
As we had expected, Xerox has completed its acquisition of Lexmark International for $1.5 billion – and the big question is if the merger can revive the fortunes of both companies in what is a declining market.
This Week in Imaging: Xerox Acquisition of Lexmark Likely Imminent
It’s our opinion that with the approval of a majority of Ninestar shareholders this week, Xerox’s successful acquisition of Lexmark......
NInestar Shareholders Approve Sale of Lexmark to Xerox
Xerox has moved one step closer to acquiring Lexmark International…
European Commission Clears Path for Xerox’s Acquisition of Lexmark
Xerox hopes to complete the transaction in the second half of this year.
Celivevo Launches New Cloud-Print Solution for Lexmark
On June 12th, Celiveo, a provider of cloud-based print management, announced the launch of Celiveo 365, a Cloud print solution......
This Week in Imaging: Xerox’s Lexmark Acquisition Draws Closer
Hurdles still remain for Xerox’s Lexmark acquisition – but one thing’s for sure – U.S. regulatory authorities should have no problem bringing the IBM spin-off back into U.S. ownership.
Xerox Slashes Dividend as Lexmark Acquisition Approaches
Dividend reduction part of company strategy to reduce debt incurred for Lexmark acquisition.
Lexmark Execs to Join Xerox Leadership Team After Acquisition
Xerox, which is set to acquire Lexmark International for $1.5 billion from Ninestar Corporation, today announced that several Lexmark executives......
Xerox Seeks Additional $100 Million for Lexmark Financing, Other Updates
Plus, an update on Lexmark finances and an investor in the Lexmark acquisition.
Xerox Focusing on Indirect Sales Channel, Diversifying Revenue Stream
Company focusing on indirect sales, as well expanding into digital and IT services, and production print – as it reaffirms commitment to print with pending Lexmark acquisition.
Xerox Issues Statement on Lexmark Acquisition Price
Transaction remains valued at $1.5 billion, as announced in December 2024.
Report in Error – Ninestar Not Lowering Lexmark Acquisition Price to Just $150 Million
A Reuters report that China-based Ninestar Corporation will be selling Lexmark International for just 10 percent of what the companies had agreed to in December 2024 is an error…
Ninestar Forecasts Turnaround for Fiscal-Year 2024
Ninestar Corporation of Zhuhai, China, has released its financial forecast for its fiscal-year 2024…
This Week in Imaging: Pros and Cons of Xerox’s Pending Acquisition of Lexmark
Despite some big potential advantages for Xerox, there are some critical potential drawbacks to it acquiring Lexmark, including aggressive responses from competitors and erosion of the Lexmark brand identity.
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