Funai to Acquire Lexmark's Inkjet-Related Technology and Assets for $100M
April 01, 2013 at 19:05 PM EDT
Funai Electric Company today announced that it has signed an agreement to acquire Lexmark International, Inc.'s (NYSE: LXK ) inkjet-related technology and assets for approximately $100 million (approximately JPY 9.5 billion). Upon closing of the transaction, Funai will acquire more than 1,500 inkjet patents, Lexmark's inkjet-related research and development