by stefanie | May 15, 2025 | Around the Industry
As part of Xerox Holdings Corporation’s acquisition of Lexmark International, Inc., the company announced that two distinguished Lexmark executives will join its Executive Committee at the close of the acquisition. Further strengthening the Xerox leadership team, Kim...
by stefanie | May 2, 2025 | World Focus
Reinvention strategy cushions losses as print revenue drops and IT growth surges. Xerox reported a narrower first-quarter loss despite continued weakness in its core print business, as its IT services segment more than doubled revenue following the ITsavvy...
by stefanie | Mar 28, 2025 | World Focus
We reported, Xerox replied – after our deadline. Here’s what changed. Yesterday we published a story based on Ninestar’s announcement valuing the Xerox–Lexmark deal at between $75 million (€69.7 million) and $150 million (€139 million). That was the figure Ninestar...
by stefanie | Mar 27, 2025 | World Focus
Struggling Ninestar offloads flagship brand as geopolitical pressures mount. In a transaction that marks a dramatic shift in the global print sector, Chinese technology group Ninestar has agreed to sell 100% of its holding in Lexmark International to Xerox...
by stefanie | Mar 26, 2025 | City News
Xerox Corporation intends to use the net proceeds from the offering of the First Lien Notes, together with cash on hand, to finance the redemption of $90 million (€83.37 million) of Xerox’s 5.000% Senior Notes due 2025. Xerox Corporation announced an offering of...
