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: Xerox
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.
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.
This Week in Imaging: Document Imaging Companies Forecast Cost of U.S. Tariffs
Companies forecast tariff costs to be hundreds of millions of dollars.
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.
This Week in Imaging: Xerox Discusses How it’s Coping with U.S. Tariffs
Company says it expects to incur some $50 million in costs due to tariffs.
Xerox Reports Bleak First Quarter, and Updates on Pending Lexmark Acquisition
Xerox today reported financial results for its first quarter, reporting revenue of $1.46 billion, down 3.0 percent year-over-year…
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.
This Week in Imaging: U.S. Slams World – and Document-Imaging Industry – with New Tariffs
For companies that say they’ve balanced the locations of their manufacturing sites to minimize tariffs, these new tariffs make it impossible to do so, particularly since most Southeast Asian countries were hit with the new tariffs.
Xerox Issues Statement on Lexmark Acquisition Price
Transaction remains valued at $1.5 billion, as announced in December 2024.
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