Xerox to Acquire Lexmark for $1.5 Billion
2024-12-23
Xerox Holdings Corporation announced it will acquire Lexmark International, Inc. for $1.5 billion. This acquisition strengthens Xerox's core print portfolio and builds a broader global print and managed print services business to better meet the evolving needs of clients in the hybrid workplace. The deal, expected to close in the second half of 2025, combines two industry leaders to create a more comprehensive offering and expand geographic reach, particularly in the APAC region.