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Xerox acquires Lexmark, plans workforce reduction

PUBLIC · XRXOct 15, 2025

Acquiring Company

Xerox

Acquired Company

Lexmark

NorwalkLexingtonInformation TechnologySoftwareConsultingDocument ManagementInformation TechnologyAnalytics

Description

Xerox has confirmed the successful acquisition of Lexmark. Following this merger, the company has initiated employee notifications regarding a workforce reduction. This decision is part of its effort to integrate the two companies and optimize resources.

Company Information

Company

Xerox

Location

Norwalk, Connecticut, United States

About

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark—expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

Fundz sees it the moment Xerox makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Lexmark?

Lexmark was acquired by Xerox, based in Norwalk. The deal was reported on October 15, 2025. Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. Xerox is publicly traded (XRX) and operates in Information Technology.

When did Xerox acquire Lexmark?

Xerox's acquisition of Lexmark was reported on October 15, 2025. Xerox has confirmed the successful acquisition of Lexmark. Following this merger, the company has initiated employee notifications regarding a workforce reduction. This decision is part of its effort to integrate the two companies and optimize resources. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lexmark do?

Lexmark creates cloud-enabled imaging and IoT technologies that help customers worldwide quickly realize business outcomes. It is privately held, operating in Information Technology, and is based in Lexington.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.