Lexmark International
 Logo used 2015–present
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| Private | |
| Industry |
Business process management Document management system Enterprise Content Management Managed Print Services Enterprise output management Printers |
| Predecessor | Printer and printer supply operations of IBM |
| Founded | 1991 |
| Headquarters | Lexington, Kentucky, U.S |
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Area served
|
Worldwide |
| Products |
Business process management Document management system Enterprise Content Management Managed Print Services Enterprise output management Printers Toner |
| Revenue |  US$3.711 billion (2014) |
 US$149.2 million (2014)
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|
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US$79 million (2014)
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| Total assets |
US$3.633 billion (2014)
|
| Total equity |
US$1.281 billion (2014)
|
| Owners | Apex (51%) PAG Asia Capital (43%) Legend Holdings (6%) |
|
Number of employees
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12,700 (December 2014) |
| Website | www |
Lexmark International, Inc. is a Chinese-owned corporation based in the United States that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky.
Lexmark was formed on March 27, 1991 when IBM divested a number of its hardware manufacturing operations, including printer and printer supply operations, to the investment firm Clayton, Dubilier & Rice, Inc. in a leveraged buyout. Lexmark became a publicly traded company on the on November 15, 1995.
It was reported in April 2016 that Lexmark would be acquired by Apex Technology and PAG Asia Capital for $3.6 billion USD. Lexmark was set to be acquired at $40.50 per share in the transaction. Initial talks for the acquisition were begun at the Remax World Expo in 2015. The deal was closed on November 29, 2016. Lexmark stated that its headquarters would remain in Lexington, and that its enterprise software line of business would be spun off and "rebranded" to Kofax.
The firm's corporate headquarters is located in Lexington and research and development (R&D) offices are distributed globally with additional R&D facilities located in Boulder, Colorado; Lenexa, Kansas; Cebu, Philippines; Kolkata, West Bengal, India; Berlin, Germany; Stockholm, Sweden and Irvine, California. Lexmark has offices throughout North and South America, Asia, Africa and Europe. The company has more than 12,000 employees worldwide.
In August 2012, Lexmark announced that it would stop production of its inkjet printer line. Lexmark will continue to provide service, support and aftermarket supplies for its inkjet installed base.
In April 2013, Funai Electric Company, Ltd. announced that it had signed an agreement to acquire Lexmark's inkjet technology and assets for approximately $100 million (approximately ¥9.5 billion). Funai acquired more than 1,500 inkjet patents, Lexmark's inkjet-related research and development assets and tools, all outstanding shares and the manufacturing facility of Lexmark International (Philippines), Inc., and other inkjet-related technologies and assets.
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Wikipedia