Xerox Completes the Acquisition of Lexmark, Uniting Two Industry Leaders

The $1.5 billion Xerox-Lexmark deal is now final. Here’s how it came to be

The $1.5 billion deal for Xerox Holdings Corporation to acquire one of its competitors and suppliers, Lexington-based Lexmark International, is final.

Xerox completes $1.5 billion acquisition of Lexmark

The US company's acquisition marks a pivotal moment for Lexmark's hub in Cebu, the company's largest research and development hub in Asia which employs around 1,800 workers

Xerox completes $1.5B acquisition of Lexmark to bolster print segment

Xerox Completes the Acquisition of Lexmark, Uniting Two Industry Leaders

NORWALK, Conn.--(BUSINESS WIRE)--Jul 1, 2025-

Xerox and Lexmark Is a Done Deal

As predicted for Q3 '25, Xerox Holdings Corp. has completed its acquisition of Lexmark, uniting two imaging channel industry leaders; Waugerman steps down as Lexmark's president and CEO.