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Xerox agrees to acquire printer maker Lexmark from Asian investors in $1.5 billion deal

Dec 24, 2024•over 1 year ago

Contract Type

acquisition

NorwalkInformation TechnologySoftwareConsultingDocument Management

Description

Xerox has announced its agreement to purchase Lexmark, a printer manufacturer, from Asian investors in a deal valued at $1.5 billion. The acquisition aims to strengthen Xerox's position in the printing and imaging solutions market.

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.

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