Lexmark extends relationship with Dell for printing technology
Lexmark International, Inc. (NYSE: LXK) today announced an expansion of its relationship with Dell, to collaborate on a broader set of printer models and related aftermarket cartridges manufactured by Lexmark and sold to customers under the Dell brand.
The long-term multi-year agreement expands cooperation between the two companies, encompassing laser and inkjet product development, manufacturing and sales. Applying the strengths of each company, Lexmark and Dell will continue to jointly pursue initiatives for workgroup, small business and personal imaging products, with features and capabilities that uniquely serve the needs of Dell customers.
“The combination of Lexmark’s technology leadership with Dell’s global reach and customer insight is a win for both companies – and particularly customers,” said Paul J. Curlander, Lexmark chairman and chief executive officer. “Working with a world-class organization like Dell expands our market penetration and the number of printing solutions that can be brought to customers.”
“Lexmark has been a valued technology supplier to Dell since 2002, and we are pleased to renew that relationship in areas that will help drive value to Dell customers,” said Tim Peters, Dell’s vice president and general manager for imaging, displays and peripherals. “The expanded collaboration will enable Dell to further enhance our brand in the imaging market and deepen customer relationships, from individual consumers to enterprise customers.”
The terms of the agreement are not being disclosed.
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