Lexmark Will Pocket $100 Million on Sale of Inkjet Business to Funai


On April 1, Lexmark announced that it has agreed to sell its inkjet technology and assets to Funai Electric Company, Ltd., of Osaka, Japan, for $100 million. The deal will put a final punctuation mark on Lexmark’s announcement last August that it would exit the inkjet business (see “Lexmark Inkjets: Requiescat in Pace Part I

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