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The 15 Biggest News Stories Of 2016 (So Far)

From company splits to mega acquisitions, from exiting company executives to new technology debuts – and a controversy or two – CRN takes a look at the news stories that captured our attention in the first half of the year.

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14. Lexmark To Be Acquired By Chinese Printer Manufacturer For $3.6 Billion

Lexmark International, the printer manufacturer and supplier of print and document management applications, agreed in April to be acquired by a group of investors led by Apex Technology, a China-based inkjet and laser printer hardware maker. Shareholders have approved the deal and the company expects to complete the acquisition by year's end.

Lexmark, a $3.5 billion company, was created in 1991 when IBM spun off its printer business. The company has been a mainstay in the channel, but it has struggled to maintain sales and profit growth.

News of the company's sale wasn't a complete surprise. In October the company began a review of strategic alternatives – including a potential sale – to enhance shareholder value.

 
 
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