Dafinchi AI

XRX

Technology

Lexmark acquisition finalized in early July, marking a key milestone in Xerox's Reinvention strategy.
The combined entity aims to enhance client value, expand IT solutions, and digital services.
Lexmark strengthens Xerox's position as a services-led, software-enabled hybrid Workplace Solutions provider.
Pro forma revenue of $8.6 billion and EBITDA of over $870 million in 2024, with 10%+ from faster-growing IT/digital businesses.
Expected cost synergies from Lexmark of over $250 million within 2 years, surpassing initial estimates of $200 million.
Integration planning was thorough pre-close, now in execution, with confidence in synergy realization increasing.

ZBRA

Technology

Elo provides point-of-sale solutions, kiosks, interactive displays, and touchscreen solutions with 50 years of innovation and approximately $400 million in annual revenue.
The acquisition is expected to be immediately accretive to earnings and generate $25 million in incremental EBITDA synergies by year 3.
This move expands Zebra's portfolio into customer-facing self-service, automation, and fixed solutions, broadening market and geographic reach.
Elo's strengths in North America, EMEA, and Asia Pacific will complement Zebra's existing markets, with opportunities to leverage Zebra's global reach to expand Elo's market share.

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