ROCHESTER, N.Y. (WROC) — Xerox will see a decrease in its workforce after acquiring printing and imaging company Lexmark. Xerox announced the acquisition of Lexmark over the summer. The company ...
ROCHESTER, N.Y. — Xerox is reducing its workforce as part of its merger with the company Lexmark, a Xerox spokesperson confirmed. Xerox acquired Lexmark, a Kentucky-based imaging and laser printing ...
Xerox Corp. announced it is laying off a portion of its workforce following the completion of its $1.5 billion acquisition of Kentucky-based Lexmark earlier this year. The company did not disclose how ...
Shares of document technology company Xerox (NASDAQ:XRX) jumped 1.6% in the morning session after the company announced its return to the mid-volume inkjet market with the launch of its new IJP900 ...
Xerox’s decision to re-enter the cut-sheet inkjet market through its partnership with Kyocera Document Solutions marks a notable strategic pivot. After shuttering its Baltoro platform and withdrawing ...
This article first appeared on GuruFocus. Xerox a former tech star has come into hard times as its main print equipment business has been in a decade long secular decline. While the print equipment ...
The big picture: Xerox has closed its deal to acquire Lexmark in what would have been a landmark acquisition just a couple of decades ago. Instead, the $1.5 billion buyout has largely flown under the ...
Xerox Holdings Corporation completed its acquisition of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre. The transaction, valued at $1.5 ...
The Xerox VersaLink C415 Color All-in-One Printer delivers exceptional performance tailored for small to medium-sized businesses. It combines fast, high-quality output with a user-friendly design and ...
Xerox Holdings recently saw insider stock purchases for the first time in a number of years. Three top executives, including the CEO, and the chairman bought a total of about $365,000 worth of shares ...
Xerox announced a reduction in its dividend today. It's the second dividend cut since December 2024. The reason cited was "increased flexibility" ahead of Xerox's upcoming acquisition of Lexmark. The ...
Xerox faces significant secular challenges in a declining print market and competitive IT services sector despite cost-cutting and strategic acquisitions. The company's core print hardware business ...