Profile: Lexmark International Inc (LXK)
27 May 2016
Lexmark International, Inc., incorporated on May 25, 1990, is a developer, manufacturer and supplier of printing, imaging, device management, managed print services (MPS), document workflow, and business process and content management solutions. The Company operates through two segments: Imaging Solutions and Services (ISS) and Enterprise Software. The Company operates in the office printing and imaging, enterprise content management (ECM), business process management (BPM), document output management (DOM)/customer communications management (CCM), intelligent content capture and data extraction and enterprise search software markets. The Company's products include laser printers and multifunction devices, dot matrix printers and the associated supplies/solutions/services. They also include an integrated suite of ECM, BPM and DOM/CCM that includes case management, electronic signature, process analytics, information and application integration, intelligent content capture and data extraction, enterprise search and medical imaging vendor neutral archive (VNA) software products and solutions. The Company develops and owns the technology for its printing and imaging products and its software related to MPS and content and process management solutions.
The Company serves both the distributed printing and imaging, and content and process management markets with a focus on business customers. The Company's enterprise content and process management software platform supports traditional business content, as well as media and industry-specific content, such as medical image content and includes enterprise search, intelligent content capture and data extraction, DOM/CCM, business process and case management. Its healthcare offering includes content repository and VNA that integrates all patient unstructured information across the enterprise to enable access, including access through an electronic medical records (EMR) system. The healthcare content and process management offering also includes workflow automation and medical information and imaging study sharing within and between facilities and organizations.
Imaging Solutions and Services
The Company's ISS segment offers a portfolio of color and monochrome laser printers and laser multifunction printers (MFPs), as well as supplies, software applications, software solutions and MPS to help businesses capture, manage and access information. The Lexmark CS720 and CS725 Series color laser printers and CX725 Series color MFPs are designed for medium and large workgroups. The CS820 Series color laser printers and CX820, CX825 and CX860 Series color laser MFPs are designed for large workgroups. The CS820 is the A4 color laser printer and includes an in-line stapler finisher option. Within the smaller A4 class, the Company offers the CX820, CX825 and CX860 Series of MFPs. These devices offer print speeds of approximately 60 pages per minute (ppm). Within the single-function color laser printer category, ISS offers the Lexmark CS310, CS410 and CS510 color laser printers, which are designed to meet the needs of small and midsize workgroups. For departmental workgroups that require A3 paper support, ISS offers the C900 Series printers. Within the color laser MFP category, ISS offers the CX310, CX410 and CX510 color laser MFPs, which are designed to meet the needs of small and midsize workgroups. For departmental workgroups that require A3 (11 inch x 17 inch) paper support, ISS offers the X900 Series MFPs.
Within the single-function monochrome laser printer category, ISS offers the Lexmark MS310, MS410, MS510, MS610, MS710 and MS810 Series printers, which are designed to meet the needs of small, midsize and large workgroups. These monochrome laser printers deliver print speeds ranging from 35 ppm to 70 ppm. ISS also offers the MS911 for large or departmental workgroups that require A3 paper support. Within the monochrome multifunction laser printer category, ISS offers the Lexmark MX310, MX410, MX510, MX610, MX710, MX810 and MX910 Series MFPs. ISS also offers the A3-capable X860 Series. ISS also offers the MX6500e, a modular scanner option. ISS designs, manufactures and distributes a variety of cartridges, service parts and other supplies for use in its installed base of laser, inkjet and dot matrix printers. ISS, both directly and through business partners, offers a range of services covering its line of printing products and technology solutions, including maintenance, consulting, systems integration and MPS offerings to provide an output solution.
The Company competes with HP Inc., Canon, Ricoh, Xerox, Brother, Konica Minolta, Kyocera, Okidata and Samsung.
The Company's Enterprise Software segment offers a range of ECM, BPM, DOM/CCM that includes case management, electronic signature, process analytics, information and application integration, intelligent content capture and data extraction, enterprise search software and medical imaging VNA software products and solutions. Enterprise Software captures, extracts and integrates information into the business process on a platform that combines capture, mobility, process and content management, collaboration, search and analytics. These components are developed and maintained by Enterprise Software. Its Onboarding Agility 1.0 solution enables account openings through multi-channel and mobile onboarding. Claims Agility 1.0 provides customer-facing employees, agents, brokers, adjusters and service organizations with a scan-to-process platform that is designed to speed claims processing. Enterprise Software also offers Kofax SignDoc 1.0, which enables customers in any industry to electronic signature-enable any business process.
Enterprise Software has primary business offices in Lenexa, Kansas; Irvine, California; Bloomington, Minnesota; Helsingborg, Sweden; London, England, and Singapore. Enterprise Software also offers a channel partner program that allows authorized third-party resellers to market and sell Enterprise Software products and solutions to a distributed market, as well as an original equipment manufacturer (OEM) program, which includes Enterprise Software's offerings within channel partners' solutions to their customers. Enterprise Software also offers its software and solutions under a Software as a Service (SaaS) model.
The Company competes with EMC, IBM, Oracle, Hyland, Nuance and OpenText.
Lexmark International Inc
One Lexmark Centre Drive
LEXINGTON KY 40550
Company Web Links
- BRIEF-Lexmark reports Q1 earnings $0.31/shr
- BRIEF-Lexmark to not host earnings conference calls while acquisition of co is pending
- BRIEF-Lexmark International says termination fee of $95 mln will be payable if merger breaks up
- Consortium led by China's Apex to buy Lexmark for $3.6 billion
- UPDATE 2-Consortium led by China's Apex to buy Lexmark for $3.6 bln