Xerox Focusing on Indirect Sales Channel, Diversifying Revenue Stream
Company focusing on indirect sales, as well expanding into digital and IT services, and production print – as it reaffirms commitment to print with pending Lexmark acquisition.
Category: Lexmark
Xerox Issues Statement on Lexmark Acquisition Price
Transaction remains valued at $1.5 billion, as announced in December 2024.
Report in Error – Ninestar Not Lowering Lexmark Acquisition Price to Just $150 Million
A Reuters report that China-based Ninestar Corporation will be selling Lexmark International for just 10 percent of what the companies had agreed to in December 2024 is an error…
Ninestar Forecasts Turnaround for Fiscal-Year 2024
Ninestar Corporation of Zhuhai, China, has released its financial forecast for its fiscal-year 2024…
This Week in Imaging: Pros and Cons of Xerox’s Pending Acquisition of Lexmark
Despite some big potential advantages for Xerox, there are some critical potential drawbacks to it acquiring Lexmark, including aggressive responses from competitors and erosion of the Lexmark brand identity.
U.S. Tariffs on Canada, Mexico, China to go into Effect Next Week
Although many printer and copier/MFP companies have shifted production because of previous tariffs, many, such as Xerox and Lexmark would be particularly affected.
U.S. Threatens 25 Percent Tariffs on Computer Chips
Just when the document-imaging industry has resolved problems involving the computer-chip shortage caused by the COVID-19 pandemic…
Lexmark Debuts New AI-Powered Document Processing, Cloud Solution Center, and Hardware
Lexmark International today announced new additions to two of its core print offerings: three new models for its 9-Series line…
Ninestar Updates on Proposed Lexmark Sale, Return to Profit for 2024
Last week, Ninestar Corporation of Zhuhai, China, announced the progress of it sale of Lexmark International to Xerox for $1.5......
Over 43,000 Lexmark Printers Recalled Due to Fire Hazard
Last week, the U.S. Consumer Product Safety Commission (CPSC) issued a notice stating that…
Xerox Leadership Discusses Pending Lexmark Acquisition
Xerox says merger offers many benefits – including a stable supply of printers and MFPs – while Lexmark will no longer be associated with Ninestar and allegations of slave labor.
Xerox-Lexmark Merger to Create ‘Global Print Titan;’ Xerox Shares Surge
Xerox shares surged yesterday, up almost seven percent, on news that the company will acquire Lexmark for $1.5 billion from......
Lexmark Headquarters Receives CarbonNeutral Designation
Company also reports on toner-cartridge return rates and PCR rates.
Ninestar Continues to Report Upbeat Financial Results
Ninestar Corporation of Zhuhai, China, recently reported results for its third quarter…
Funai Electric Bankruptcy Plan Receives Approval
Company had purchased part of Lexmark’s business back in 2013 for approximately $100 million.
Lexmark’s Optra IoT Platform Helps Heating and Cooling Provider Keep Things Comfortable
If there’s one thing printers and copier/MFPs require, it’s monitoring them to make sure they’re up and running – that is, that they have enough toner, ink, and paper, and that no errors have occurred…
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