Core Print RevenueThere is an expectation of a mid-single digit decline in core Print revenue, driven by secular headwinds such as the disintermediation of physical print by digital alternatives.
EarningsRecent announcements from Xerox include an underwhelming earnings print and a cut to its dividend.
Strategic ComplexityThe acquisition will raise many questions when put in context of the recent challenges and strategic actions taken by Xerox recently, including adding the complexity of a large acquisition to enact a transformation that was largely focused on reduction of complexity and costs.