European Commission Clears Path for Xerox’s Acquisition of Lexmark
Xerox hopes to complete the transaction in the second half of this year.
Category: Lexmark
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.
U.S. Tariffs on Canada, Mexico, China to go into Effect Next Week
Although many printer and copier/MFP companies have shifted production because of previous tariffs, many, such as Xerox and Lexmark would be particularly affected.
U.S. Threatens 25 Percent Tariffs on Computer Chips
Just when the document-imaging industry has resolved problems involving the computer-chip shortage caused by the COVID-19 pandemic…
Lexmark Debuts New AI-Powered Document Processing, Cloud Solution Center, and Hardware
Lexmark International today announced new additions to two of its core print offerings: three new models for its 9-Series line…
Ninestar Updates on Proposed Lexmark Sale, Return to Profit for 2024
Last week, Ninestar Corporation of Zhuhai, China, announced the progress of it sale of Lexmark International to Xerox for $1.5......
Over 43,000 Lexmark Printers Recalled Due to Fire Hazard
Last week, the U.S. Consumer Product Safety Commission (CPSC) issued a notice stating that…
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