End of a printer era

Xerox has agreed to acquire Lexmark for $1.5 billion, including assumed liabilities. This move is set to bolster Xerox’s core print portfolio and expand its global managed print services (MPS) capabilities to meet the needs of hybrid workplaces.

Plans kung flued

Copier maker Xerox has given up on its $35 billion hostile cash-and-stock bid for the maker of very expensive printer ink HP and blamed the pesky coronavirus for interfering with its plans.

Copies it a quick message

The maker of expensive printer ink which is nearly as expensive as race horse semen, HP, has rejected Xerox takeover bid of about $35 billion, saying it undervalued the personal computer maker.

Starkweather wanted to see the Angel in the Marble

Gary Starkweather, engineer and inventor of the first laser printer, died on December 26. He was 81.

Merger possible

Xerox is considering making a cash-and-stock offer for HP which has a market value of about $27 billion.

Takes out advert

Xerox has taken out adverts asking people to stop using the word "Xerox" when referring to anything other than the machines it makes or services it provides.

Starting to regret listening to those activist investors

Xerox is probably regretting backing down in a planned merger with Fujifilm and firing the CEO who pushed it through.

Hopes to see off shareholder revolt

Xerox is close to agreeing on a deal that would combine the printer and photocopier company with Japan’s Fujifilm in a bid to revive its fortunes and thwart an activist shareholder revolt.