Lexmark acquisition will strengthen Xerox as it seeks to improve footprint in enterprise market Lexmark was IBM's former ...

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 ...

This acquisition will strengthen the Xerox core print portfolio and build a broader ... including the APAC region. The new organization will serve more than 200,000 clients in 170 countries ...

Xerox Holdings is halving its rich dividend in connection with its $1.5 billion deal to buy printer maker Lexmark International. Xerox on Monday said it will cut its annual payout to 50 cents, or 12.5 ...

The company said the deal would "strengthen the Xerox core print portfolio and build a broader global print and managed print services business better suited to meet the evolving needs of clients ...

The new, combined company will serve more than ... Lexmark and Xerox are both in the top five global production market for print services. The Xerox Board of Directors has unanimously approved ...

Shares of Xerox Holdings advanced after it agreed to buy Lexmark International in a deal that values the printer maker at $1.5 billion, including debt. The stock was up 5.5% at $8.85 in early trading.

Xerox, a household name globally, has posted revenue declines for five straight quarters as demand for printing equipment sputtered and it faced tough competition from HP and Canon. Its shares ...