Xerox to Acquire Lexmark
Transaction between printing industry icons is expected to close in second half of 2025
Xerox Holdings Corporation (NASDAQ:XRX) today announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion, inclusive of assumed liabilities. This acquisition will strengthen the Xerox core print portfolio and build a broader global print and managed print services business better suited to meet the evolving needs of clients in the hybrid workplace.
"Our acquisition of Lexmark will bring together two industry-leading companies with shared values, complementary strengths, and a deep c
