Xerox to acquire printer maker Lexmark for $1.5 billion
- Posted on December 24, 2024
- By Business News Today
- 3 Views
Xerox to acquire printer maker Lexmark for $1.5 billion
Xerox agrees to acquire Lexmark International for $1.5 billion, including debt. The deal, set to close in the latter half of 2025, aims to streamline operations and enhance market presence in Asia and Latin America. Expected $200 million savings stem from consolidating sales, marketing, and procurement efforts.
