Tagged With "Apex"

BREAKING NEWS UPDATE: Lexmark agrees to be acquired by China’s Apex Technology Posted on April 19, 2016 by M. David Nichols Lexmark International Inc., the beleaguered Lexington-based maker of printers and management software, announced Tuesday evening it has agreed to be acquired by a group of investors headed by China-based Apex Technology and PAG Asian Capital. “What we are announcing this evening is an outcome of our strategic review,” Paul Rooke, Lexmark chairman and chief executive...

Lexmark to Be Sold for $2.54 Billion Group including Apex Technology and PAG Asia Capital in deal worth $40.50 a share for Lexmark By Josh Beckerman Updated April 19, 2016 8:06 p.m. ET Lexmark International Inc. agreed to be sold to a group of buyers including China-based Apex Technology Co. and Asia-focused PAG Asia Capital for $2.54 billion. read more here

Lexmark announced quarterly earnings Friday for what may be the last time before the company’s sale to a group of Chinese companies closes. The Lexington-based company’s third-quarter revenue was down when compared with the comparable quarter of 2015: $844 million versus $851 million, or 1 percent. Gross profit margin was up slightly, 39 percent for the third quarter of 2016 versus 37.6 percent for the third quarter of 2015. The company is being bought by a group of Chinese companies, led by...

Pennsauken, NJ (PRWEB) March 10, 2017 Apex IT Group announced today that CRN®, a brand of The Channel Company, has named Apex IT Group to its 2017 Managed Service Provider (MSP) 500 list in the Pioneer 250 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT...

MOUNT LAUREL, N.J.--( BUSINESS WIRE )--George Mach, CEO of world-class managed IT provider Apex IT Group, recently completed an investment to acquire all outstanding shares of the company he originally founded in 2007. This transaction was completed with long-time business partners who were instrumental in the company's recent success over the last seven years. The event marks one of a series of pivotal moments in the company's growth as it approaches twelve years in business. Originally an...

Catapult , a new business offering flexo printing of self-adhesive, narrow-web film, and linerless labels, has opened in Orlando, FL. According to the company, with a 25-year heritage in design and print, the Catapult team is bringing its expertise to the business to pioneer a new way of working, setting new standards around quality, lead times, service, and innovation. The company is led by Founder and CEO Mark Cook, who most recently was partner in $37 million international packaging...

Thrive Acquires Apex IT Group FOXBOROUGH, Mass., Jan. 21, 2021 /PRNewswire/ -- Thrive , a premier provider of NextGen Managed Services, has acquired Apex IT Group , a leader in IT technology managed solutions for companies in the Greater Philadelphia region. This transaction further establishes Thrive's significant presence in the Mid-Atlantic corridor by expanding their Cloud & Cyber Security focused NextGen platform into the Apex IT client base. Apex IT Group, headquartered in Mount...

Hacked! Hacked health care giant makes progress in recovery, but concerns for small clinics ..... The health insurance billing system in the United States is stabilizing following an unprecedented cyberattack on a key company last month..... Read more Apex Legends postpones competition amid hacking concerns..... hacking global series by Destroyer2009 & R4ndom” begins repeatedly spamming chat. “I'm getting hacked,” Genburten said, while raising his hands to........ Read more EV Hacking:...

In the rapidly evolving digital landscape, safeguarding data resilience has become a top priority for CIOs worldwide, with concerns escalating about cyber threats, exfiltration risks and privacy breaches. In response to these challenges, First Distribution and Druva have joined forces to offer a streamlined solution for data resilience, security and management. Andre Human, General Manager of Dell Technologies at First Distribution, underscores the significance of Druva’s industry-leading...

The company is currently owned by a consortium that includes the Asian private equity firm PAG and previously involved Apex Technology. Ninestar holds 62% of Lexmark but the company is managed stateside, according to a spokeswoman.They are exploring a sale to gauge interest from potential buyers, possibly aiming to capitalize on the company’s established market position ( Market Valuation : Lexmark could be valued between $1.8 billion and $2 billion, which suggests that its owners might see...