(Reuters) - Office equipment manufacturer Xerox will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its mainstay business, the ...
The office supply company added that the move will expand its reach in the Asia-Pacific (APAC) region. Xerox will cut its dividend in half to help pay for the deal. Xerox Holdings (XRX ...
Xerox will be sourcing HP A4 and A3 devices ... portfolio and positions the business for growth over time in both office printing and DaaS," said Enrique Lores, president of Imaging and Printing ...
Lexmark acquisition will strengthen Xerox as it seeks to improve footprint in enterprise market Lexmark was IBM's former printer arm and, like its PCs and servers, was sold to Chinese investors ...
Until then, both Xerox and Lexmark will maintain their current operations and operate independently. Lexmark is a Lexington-based manufacturer of laser printers and imaging products. The company ...
Xerox said it was purchasing privately held Lexmark International from its Chinese owners for $1.5 billion to meet the needs of clients in the hybrid workplace. The office supply company added ...
Office equipment manufacturer Xerox will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its mainstay business, the companies said ...
By Jaspreet Singh and Aditya Soni (Reuters) -Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to ...
(Reuters) -- Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian ...
Office equipment manufacturer Xerox XRX-Q has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5-billion deal to expand its presence in Asian markets ...