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Lexmark International: Kofax Deal Makes Strategic Sense, But Doubts Remain About Price

Investors in Lexmark International (NYSE:LXK) reacted with enthusiasm to the news that it will acquire Kofax (NASDAQ:KFX). The deal marks the latest step in the transformation efforts to move away from legacy printer activities and focus more on enterprise software and related IT services. With the deal, Lexmark is set to nearly double its enterprise software business to $700 million in sales. Read More...

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