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Lexmark: What's Next for Printers?
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“Lex” marks the spot…

The Motley Fool

Lexmark, Inc. has just announced their exit from the inkjet printer industry.  The company is now focusing on developing its more profitable software, managed-print services, and laser-printing operations.  Lexmark is seeking to curtail expenses by laying off about 13% of its workforce and close down facilities in the Philippines.  Lexmark wants to get out of an already sticky situation that is unfolding in the printer industry. The Lexington, Kentucky based company’s move to get out the inkjet

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