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.
Category: Xerox
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.
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…
You must be logged in to post a comment.