often accompanies biased or unverifiable information . such statements should be clarified or removed . april 2012 lexmark international inc. logo used 2015 present type public traded as nyse lxk s & p 400 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 area served worldwide key people paul rooke chairman and ceo products business process management document management system enterprise content management managed print services enterprise output management printers toner revenue us 3.711 billion 2014 1 operating income us 149.2 million 2014 1 net income us 79 million 2014 1 total assets us 3.633 billion 2014 1 total equity us 1.281 billion 2014 1 owner pag asia capital number of employees 12 700 december 2014 1 parent apex technology website www.lexmark.com lexmark international inc. is an american corporation that manufactures laser printers and provides enterprise software . the company is headquartered in lexington kentucky in the united states . contents 1 history 2 operations 3 acquisitions 4 inkjet exit 5 legal cases 6 see also 7 references 8 external links history edit lexmark headquarters lexington ky 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 . 2 3 4 5 lexmark became a publicly traded company on the new york stock exchange on november 15 1995 . 6 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 . 7 initial talks for the acquisition were begun at the remax world expo in 2015 . 8 the deal is expected to close in the second half of 2016 . lexmark has stated that it intends to remain headquartered in lexington kentucky . 9 operations edit 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 10 and irvine california . 11 lexmark has offices throughout north and south america asia africa and europe . the company has more than 12 000 employees worldwide . acquisitions edit in may 2010 lexmark acquired perceptive software for 280 million to build upon its software offerings . 12 perceptive software was a software firm that developed enterprise content management ecm and document output management dom applications . in 2011 lexmark international purchased netherlands based pallas athena in a cash transaction valued at approximately 50.2 million . 13 the purchase of pallas athena added business process management bpm document output management dom and process mining software capabilities to lexmark s services . in march 2012 lexmark announced the acquisition of luxembourg based bdgb enterprise including its u.s. subsidiary brainware inc. for a cash purchase price of approximately 148 million . 14 brainware s intelligent data capture platform extracted critical information from paper and electronic documents validated the extracted data and passed it to customers data management systems enterprise resource planning erp and or financial management systems . in march 2012 lexmark acquired australia based isys search software and u.s. based nolij corporation both for 32 million . 15 isys built enterprise search solutions and nolij developed web based document imaging and workflow software . in january 2013 lexmark acquired minnesota based acuo technologies for 45 million . acuo technologies developed medical imaging document management software . 16 in march 2013 lexmark announced acquisitions of accessvia and twistage for a combined purchase price of approximately 31.5 million . 17 in late august 2013 lexmark signed an agreement to acquire germany based saperion ag . saperion was a developer and provider of enterprise content management ecm and business process management bpm software in europe . the company was purchased for 72 million . 18 in early october 2013 lexmark acquired pacsgear . pacsgear was a provider of connectivity solutions for medical image management and electronic health records . the company was purchased for approximately 54 million . 19 in september 2014 lexmark acquired stockholm sweden based readsoft for 251 million . 20 readsoft was a financial process automation solutions company that specialized in software solutions for document process automation on premises or in the cloud . 21 in may 2015 lexmark announced that it had acquired kofax for roughly 1 billion . 22 kofax headquartered in irvine california was a provider of smart process applications . they combined capture process management analytics and mobile capabilities to organizations . 11 inkjet exit edit in august 2012 lexmark announced that it would stop production of its inkjet printer line . 23 24 lexmark will continue to provide service support and aftermarket supplies for its inkjet installed base . 25 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 . 26 legal cases edit a court victory in 2005 was handed to lexmark in the case of acra v. lexmark . this case states that lexmark can enforce the single use only policy written on the side of lexmark printer cartridge boxes sold to certain large customers at a discount with the understanding that the customers will return the cartridges to lexmark after using them . this means that these customers can face lawsuits if they breach the agreements and do not return the cartridges . also in 2005 lexmark suffered a legal defeat in the case of lexmark int l v. static control components when the u.s. supreme court rejected lexmark s petition for a writ of certiorari thereby rejecting their attempt to have the court hear their case . in this case the defendant was a manufacturer of microchips that allowed third party ink and toner cartridges to work on printers including many manufactured by lexmark . such printers incorporated a feature that would require authentication from a microchip within the ink toner cartridge in order to function ; this was designed to prohibit users from refilling the cartridges . yet a recent firmware update allowed lexmark to prevent end users from refilling ink cartridges or using third party ink cartridges . see also edit list of lexmark products references edit a b c d e f 2014 form 10 k lexmark international inc. . united states securities and exchange commission . customs ruling hq 544887 . u.s. customs and border protection . october 2 1992 . lexmark international group 1996 annual report sec form 10 k . advameg . march 24 1997 . ibm archives 1991 . lewis peter h. december 22 1991 . the executive computer ; can i.b.m. learn from a unit it freed . the new york times . retrieved may 7 2010 . lxk stock quote lexmark international inc. stock price . nasdaq.com . retrieved april 22 2013 . details disclosed for lexmark acquisition deal . rt recycling times . april 21 2016 . retrieved june 12 2016 . former lexmark executive reveals deal with ninestar apex . rt recycling times . april 20 2016 . retrieved august 15 2016 . printer maker lexmark snapped up for 3.6 billion . cnet . retrieved april 20 2016 . lexmark 2014 annual report . lexmark international inc. retrieved january 19 2016 . a b about us kofax . retrieved january 19 2016 . lexmark newsroom news releases . newsroom.lexmark.com . may 21 2010 . retrieved april 22 2013 . lexmark acquires pallas athena lexington ky. oct. 18 2011 prnewswire . prnewswire.com . retrieved april 22 2013 . lexmark acquires brainware mar 5 2012 . newsroom.lexmark.com . retrieved april 22 2013 . lexmark acquires isys search software and nolij mar 19 2012 . newsroom.lexmark.com . retrieved april 22 2013 . lexmark acquires acuo technologies jan 2 2013 . newsroom.lexmark.com . january 2 2013 . retrieved april 22 2013 . lexmark acquires twistage and accessvia . newsroom.lexmark.com . march 5 2013 . retrieved september 21 2013 . lexmark announces agreement to acquire saperion . retrieved january 19 2016 . lexmark acquires pacsgear . retrieved january 19 2016 . big acquisition brings perceptive software opportunity and layoffs bizjournals.com september 19 2014 even better invoice processing . readsoft is now lexmark . . retrieved january 19 2016 . lexmark completes acquisition of kofax announces enterprise software leadership change . retrieved january 19 2016 . lexmark announces restructuring . lexmark . august 28 2012 . retrieved august 28 2012 . lexmark to exit inkjet printer market . pcpro.co.uk . august 28 2012 . retrieved august 28 2012 . lexmark announces restructuring . newsroom.lexmark.com . august 28 2012 . retrieved april 22 2013 . funai acquiring lexmark s inkjet related technology and assets . newsroom.lexmark.com . april 1 2013 . retrieved september 21 2013 . external links edit wikimedia commons has media related to lexmark . official website eff lexmark v. static control components inc. v t e major information technology companies largest it companies largest internet companies largest software companies semiconductor sales leaders by year consulting and outsourcing accenture atos booz allen hamilton bt global services caci capgemini cgi 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