Xerox Looks to Buy HP After Fuji Xerox Acquisition Announced

By Louis Ferreira | Published: November 6, 2019


Xerox made an offer to buy HP the day after the announcement of the Fuji Xerox merger. It looks like Xerox intends to use the cash gained from the sale in addition to financing to purchase the three times larger HP. Both companies make the majority of their revenue from print-related sales, which is a shrinking market. It’s anticipated that the merger could save around $2 billion through layoffs and points of synergy.

via WSJ, CNBC, CNN

Related posts:

  1. Fujifilm and Xerox Will Not Continue Efforts to Merge After The Lawsuit
  2. Relations Between Fujifilm and Xerox Are Breaking Down
  3. The Fujifilm Xerox Merger Might Be Back On
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