Printing veteran makes a bold bid for market muscle

Xerox has coughed up $1.5 billion to grab Lexmark from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Centre.

End of a printer era

Xerox has agreed to acquire Lexmark for $1.5 billion, including assumed liabilities. This move is set to bolster Xerox’s core print portfolio and expand its global managed print services (MPS) capabilities to meet the needs of hybrid workplaces.