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......
Category: Xerox
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.
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…
This Week in Imaging: The Practical Business Applications for Artificial Intelligence
One commonality among many of these uses is that AI can quickly examine large amounts of data. For instance, that could mean quickly finding out how much your company spent on office supplies last year…
Majority of CFOs Plan to Pass on U.S. Tariff Costs to Customers
Many companies in the document-imaging industry will raise prices to absorb the costs of tariffs, while others have diversified their supply chain so that they won’t be subject to the tariffs.
U.S Childrens’ Hospital Network Deploying Xerox AI and Print
Xerox and Connecticut Children’s announced today that Xerox is deploying new AI technologies at the network of children’s hospitals…
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.
Xerox Launches Streamlined Global Partner Program, Learning Central
“Our primary objective is to be the preferred partner for our partners, making sure they feel completely supported…”
This Week in Imaging: How Printer/Copier Companies Aim to Meet U.S. Tariff Challenges
Raise prices or absorb U.S. tariff costs – two printer/copier companies give us a look at how they’re dealing with tariffs.
Xerox Leadership Discusses IT Service Growth, Lexmark, Tariffs, Growth Strategy
Company cites large existing base of SMB clients for its IT services, which are expected to top over $700 billion in revenue this year.
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.
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