Xerox buying Lexmark's printer division

[thewayne]

Kind of interesting news. A $1.5b transaction, inclusive of debt and other assumed liabilities. I owned a Lexmark laser printer back 15 years ago, it was pretty good - quite the workhorse. But that was when they were an IBM spinoff, before they went to China.

Xerox makes or made pretty good gear, it'll be interesting to see what the result of this acquisition produces. I wish they'd also brought in their laptop division, but that would have been kind of outside of Xerox's wheelhouse.

https://www.news.xerox.com/news/xerox-to-acquire-lexmark

Comments

[silveradept]

An interesting move, and one that I hope results in quality materials for the combined entity. Or possibly Xerox attempting to move toward a consumer market instead of an industrial office one? (If they just wanted to eat poor printers and turn them into good ones, I'd say they could chomp Hewlett-Packard without a second thought, and then hopefully stop all of this nonsense about DRMing the printer cartridges.)

[thewayne]

I think in the consumer market, Lexmark would have more brand name recognition and value than Xerox.  That might be the value that they see.  Hard to say.