Xerox Holdings Corporation has announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion, inclusive of assumed liabilities. This acquisition will strengthen the Xerox core print portfolio and build a broader global printRead More…

Leading investors consortium led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG), acquired Lexmark in an all-cash transaction with an enterprise value of approximately $3.6 billion.Read More…

To keep up with the surge in demand for its printers, Lexmark decided to expand its channel base with the appointment of new distributor under its fold. The company took Metra on board it’s partner network as the value added distributor for the region.Read More…

Lexmark recently signed an agreement to provide composite printing and imaging solutions for across its region-wide network of MAF Retail and the deal covers the nearly 70 Carrefour Hypermarkets and Supermarkets across 8 Middle Eastern countries including UAE, Saudi Arabia, Oman, Kuwait, Bahrain, Qatar, Egypt, Jordan and the company’s corporate headquarters. The deal with provide provision of all necessary printing and imaging solutions needed by the group’s operations, including printers, cartridges, imaging, recycling and maintenance services in all outlets and Lexmark will remove all current products at their end-of-life and replace them with Lexmark devices to meet future requirements of MAF Retail group.Read More…

Lexmark Middle East, served up a special treat for high-achieving distributors and associates in the region, by organising a ringside view of the recent Etihad Formula One Grand Prix in Abu Dhabi. “We are glad to be able to express our gratitude and appreciation to our partners and other high achievers through last year,” said Mark Thompson, SMB & Channel Sales Manager, Lexmark International Middle East.
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Lexmark unveiled the powerful Lexmark 6500e MFP Option, a modular scanner that can deliver advanced scanning and workflow capabilities to enterprise customers in paper-intensive output environments. The new scanner add-on links seamlessly to the company’s versatile T650, T652 and T654 monochrome laser printers, adding an innovative solutions framework and full multifunction capability to this award-winning family of printing devices. The modularity of the Lexmark 6500e MFP Option makes it an adaptable solution that allows for flexibility and accessibility in the work environment.Read More…