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...
by stefanie | Mar 17, 2025 | Around the Industry
Connecticut Children’s and Xerox are reimagining paediatric healthcare with the help of cutting-edge artificial intelligence. Through an expanded partnership with Xerox, the health system is introducing AI-powered solutions to streamline care delivery and elevate...
