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Xerox Buys Lexmark For $1.5 Billion As Print Industry Clings To Relevance (nerds.xyz) 26

Posted by BeauHD from the what-year-is-it dept.
BrianFagioli shares a report from NERDS.xyz: In a move that feels straight out of a different era, Xerox has officially acquired Lexmark for $1.5 billion. The deal includes net debt and assumed liabilities, and it pulls Lexmark out of the hands of Chinese ownership and into a freshly restructured Xerox. That's a lot of money for a company best known for making machines that spit out paper.

According to Xerox, this is all part of a "Reinvention" strategy. The company now claims it will be one of the top five players in every major print category and the leader in managed print services. [...] Xerox says the new leadership team will include executives from both sides, and the combined business will now support over 200,000 clients in more than 170 countries. They'll also be running 125 manufacturing and distribution centers in 16 countries.
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Xerox Buys Lexmark For $1.5 Billion As Print Industry Clings To Relevance More

Xerox Buys Lexmark For $1.5 Billion As Print Industry Clings To Relevance

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  • I print more than you'd think given the times (Score:4, Insightful)

    by RightwingNutjob ( 1302813 ) on Tuesday July 01, 2025 @07:09PM (#65489916)

    The kiddos like their coloring pages. And a printed chore chart is a lot neater than a hand-written one on a whiteboard.

    At work there's still the need to print out a slide deck and lay it out on a big table to mark up with a red pen before briefing it to a bigwig.

    I understand that typed and printed homework is still a thing and might be around when the kids are old enough for that to be relevant.

    Not all contractors are online. The bigger ones are but a few small ones still need contracts and such signed on paper. Building permits too now that I think of it.

    Paper isn't going to disappear anytime soon.

    • You got that right. Last time I checked, there was still a huge appetite for printing ...

      how else would you print something for safekeeping and then lose that or file it then never refer to it again?

      I have clients that still think like that.

    • Re: (Score:2)

      by GoTeam ( 5042081 )
      Yep, my kids use the printer for school projects quite often. My daughter also uses it to print sheet music. I didn't realize how much we used it until we ran out of toner and had to wait a couple days for the new toner to be delivered.
  • I remember when Lexmark was the new upstart against Epson, HP & Canon.

  • You know AI is going to hit (Score:3, Interesting)

    by rsilvergun ( 571051 ) on Tuesday July 01, 2025 @07:23PM (#65489938)
    The print industry like a brick now that I think about it. As it rips through white collar jobs you're going to see a hell of a lot less printing.

    There is a shitload of people who just make documents out of documents and move them up to chain so that information can be summarized and the CEO can decide what he wants to do next.

    All of that is going to be done by AI pretty soon. You might have one or two data scientists programming the AI but the reams of people who had the job of taking the data scientists ugly data and making it pretty for a CEO that scraped by on a "gentleman c" is definitely going to get taken by ai and there's no way in hell those are going to be printed.

  • I've been in this business 43+ years (Score:3, Interesting)

    by p51d007 ( 656414 ) on Tuesday July 01, 2025 @08:48PM (#65490146)
    I remember when the "paperwork reduction act" came along in the 90's. People told me I better find another line of work since copiers wouldn't be around much longer. (tech, not sales). Every time a new government rule/law comes along, it "required" more paperwork. Now, all the machines are pretty much multifunction devices. Print, copy, scan, fax, email. Mechanically, they are pretty stable, but it's the SOFTWARE that can drive you nuts. The part that ticks me off about this industry is the RIPOFF of toner/ink. Black toner/ink is one price, but the color is 3-4-5 times more expensive. IT'S THE SAME! Just the pigment is different. When I'm teaching new techs in class, just to screw with them I will switch around say magenta & yellow when they are on a break. When they come back, and make a color copy, the look on their faces is priceless! In troubleshooting, it's common to swap components from one color to another to see if the problem follows the color or stays. If the toner wasn't the same, it wouldn't work. Also, if it were different, the DRUMS would be different for each color. Same with the carrier/developer. If you are 100 miles from the office, on a Friday and the customer really really needs the machine, you need one color of carrier/developer but only have a different color, You install it, run enough copies to run out the wrong color in the carrier (carrier is the "super tiny iron pellets that the toner sticks to) and then supply the correct toner, recalibrate and you are good to go. Yeah, it's a ripoff, but it is what it is.

  • Xerox mostly operates in Enterprise printing now, and believe you me, campanies still print a lot. Lexmark operates both in consumer and entreprise printing, so a bunch of new customers for xerox.

    The newly joined company will probably be able to do a best of breed product roadmap in HW and SW going forward.

    Also, I do not know, and I am to lazy to ask, but there may be geography complimentarities (i.e. markets were Xerox is tronger but lexmark was weaker and Vice versa), that would allow a best of breed appr

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