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TechRadar
Wayne Williams

Xerox buys Lexmark for $1.5 billion to build US printer giant capable of rivaling HP

Xerox buys Lexmark.

  • Lexmark acquisition will strengthen Xerox as it seeks to improve footprint in enterprise market
  • Lexmark was IBM's former printer arm and, like its PCs and servers, was sold to Chinese investors
  • Xerox faces huge competition from HP, Epson and Canon
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