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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?
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.
It’s our opinion that with the approval of a majority of Ninestar shareholders this week, Xerox’s successful acquisition of Lexmark......
On June 12th, Celiveo, a provider of cloud-based print management, announced the launch of Celiveo 365, a Cloud print solution......
This week’s most interesting news was the announcement of a new partnership under which Ricoh USA will provide Brother’s A4 Workhorse printer and copier/MFP portfolio.
Dividend reduction part of company strategy to reduce debt incurred for Lexmark acquisition.
Net profit plummets, while revenue also down.
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.
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.
Company cites large existing base of SMB clients for its IT services, which are expected to top over $700 billion in revenue this year.
Although many printer and copier/MFP companies have shifted production because of previous tariffs, many, such as Xerox and Lexmark would be particularly affected.
This week, the big news was tariffs – with the U.S. imposing 25 percent tariffs on Canada and Mexico on...
Lexmark International today announced new additions to two of its core print offerings: three new models for its 9-Series line…
This week was marked by one of the most cataclysmic events in tech history, the unveiling of China’s DeepSeek AI...
Last week, the U.S. Consumer Product Safety Commission (CPSC) issued a notice stating that…
The proposed Lexmark acquisition should help Xerox with A4 production expansion, stable product supply, and market expansion – in ways similar to how HP’s acquisition of Samsung’s printer business helped HP.
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