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Lexmark to be sold?

October 23, 2015

Lexmark's MS310DN machine

Lexmark’s MS310DN machine

The company is reportedly “exploring strategic alternatives” including possibly selling the company.

Wall Street Journal reported that the OEM is working with investment bank Goldman Sachs to evaluate its options going forward, with a buyer likely to be “other technology companies and private-equity firms”, according to “one of the people familiar with the matter”.

Lexmark stopped manufacturing inkjet printers in 2013, and more recently and as of June shoulders $1 billion (€900 million) in debt. It announced in July that it would cut 500 jobs, following a mixed set of quarterly results, despite its recent purchase of software provider Kofax.

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