Xerox buying Lexmark

[arnh79]

https://www.lexmark.com/en_ca/about-us/lexmark-to-be-acquired-by-xerox.html

[SalesServiceGuy]

Nothing will happen until the 2nd half of 2025, which could mean up to year from now.

The Lexmark brand name has lots of brand value. I would not be surprised if Xerox maintains a seperate distribution channel for Lexmark.

This certainly will open a lot of new opportunities for Xerox.

[SalesServiceGuy]

The China based group that bought Lexmark USA in 2016, paid $3.6B. In 2024, Xerox boought Lexmark for $1.5B.

[SalesServiceGuy]

As a math skill testing question, how much USD is 0.1 of a Billion dollars?

I think it is $100M.

Some might consider 0.1 of anything to be a rounding error.

[rthonpm]

Not really a big surprise: most of Xerox's entry level machines have been rebadged Lexmarks for several years.

[Larhal]

Here is info on the Xerox purchase:

Print Giants to Unite as Xerox Announces $1.5B Lexmark Deal