Profile: Lexmark International Inc (LXK.N)

LXK.N on New York Stock Exchange

24 Dec 2014
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Lexmark International, Inc. (Lexmark), incorporated on May 25, 1990, is a developer, manufacturer and supplier of printing, imaging, device management, managed print services, document workflow, and also provides business process and content management solutions. The Company is primarily managed along two segments: Imaging Solutions and Services (ISS) and Perceptive Software. The Company operates in the office printing and imaging, enterprise content management (ECM), business process management (BPM), document output management (DOM), intelligent data capture and search software markets. Lexmark’s products include laser printers and multifunction devices, dot matrix printers and the associated supplies/solutions/services, as well as ECM, BPM, DOM, intelligent data capture, search and Web-based document imaging and workflow software solutions and services. On January 2, 2013, the Company acquired Acuo Technologies, LLC. In October 2013, the Company acquired PACSGEAR.

On February 29, 2012, Lexmark acquired BDGB Enterprise Software (Lux) S.C.A. (Brainware). On March 13, and March 16, 2012, it acquired all of the issued and outstanding shares of Nolij Corporation (Nolij) and ISYS Search Software Pty Ltd. (ISYS), respectively. In December of 2012, Lexmark acquired Acuo Technologies, LLC (Acuo). Lexmark develops and owns most of the technology for its printing and imaging products and its software related to managed print services and content and process management solutions. Lexmark serves both the distributed printing and imaging and content and process management markets.

Imaging Solutions and Services

ISS offers a portfolio of monochrome and color laser printers and laser multifunction products (MFPs), as well as supplies, software applications, software solutions and managed print services to help businesses capture, manage and access information. During the year ended December 31, 2012, ISS launched a range of new products in its portfolio of A4 (8.5 inch x 11 inch paper support) monochrome laser printers and monochrome multifunction printers. Within the single-function monochrome laser printer category, ISS announced 16 new models, spanning five new series. The Lexmark MS310, MS410, MS510, MS610 and MS810 Series printers are designed to meet the needs of small and large workgroups. ISS also continues to offer the W850 Series for large or departmental workgroups that require A3 (11 inch x 17 inch) paper support, as well as a modular scanner option, the MX6500e, which transforms selected high-end Lexmark A4 printers into fully featured multifunction devices.

Within the monochrome multifunction laser printer category, ISS announced 15 new models, spanning six new series. The Lexmark MX310, MX410, MX510, MX610, MX710 and MX810 Series MFPs deliver scanning and print and copy speeds ranging from 35 pages per minute to 70 pages per minute. ISS also continues to offer the A3-capable X860 Series. During 2012, ISS also launched a range of new color products, announcing nine new single-function color laser printers and eight color multifunction printers. All of these new color products feature Lexmark Named Color Replacement technology and PANTONE calibration to enable customers to match their corporate brand colors when printing marketing collateral and other high-profile documents on their Lexmark devices. The new Lexmark CS310, CS410, CS510 and C740 color laser printers and the new Lexmark CX310, CX410, CX510 and X740 Series color multifunction printers are designed for small workgroups. For larger workgroups, ISS continues to offer the Lexmark C790 Series single-function printers and Lexmark X790 Series MFPs, which offer 50 pages per minute output speed and paper handling and finishing options. For departmental workgroups that require A3 paper support, ISS continues to offer the C900 Series printers and X900 Series MFPs. ISS continues to market several dot matrix printer models for customers who print multipart forms.

ISS designs, manufactures and distributes a range of cartridges, service parts and other supplies for use in its installed base of laser, inkjet and dot matrix printers. ISS offers a range of services covering its line of printing products and technology solutions, including maintenance, consulting, systems integration and MPS offerings to provide a output solution. Managed print services allow organizations to outsource fleet management, technical support, supplies replenishment, maintenance activities and other services to Lexmark. Services include asset lifecycle management; implementation and decommissioning services; proactive consumables management; remote device monitoring and management; and business process optimization consulting.

The Company competes with Hewlett-Packard (HP), Canon, Ricoh, Xerox, Brother, Konica Minolta, Kyocera, Okidata and Samsung.

Perceptive Software

Perceptive Software offers a complete suite of ECM, BPM, DOM, intelligent data capture, search software and medical imaging vendor neutral archive software products and solutions. Perceptive Software capture, content, search and business process management software products and solutions, enable users to capture, manage, and collaborate on important documents, information, and business processes, protect data throughout its lifecycle and access content in the context of the users’ everyday business processes. These components are developed and maintained by Perceptive Software. Brainware’s intelligent data capture platform extracts critical information from paper documents and electronic unstructured content. ISYS’s search solutions deliver text mining and enterprise and federated search capabilities across a range of platforms enabling customers to facilitate discovery of critical intelligence for more informed decision making. Nolij’s software is a fully Web-based document imaging and workflow platform that includes support for mobile devices and forms processing capabilities, focused on the education market.

Perceptive Content can install and configure Perceptive Content Server as an active-active environment (also known as a high-availability environment). Perceptive Software also added content models to its software. Content modeling is the process by which one structures, manages, and preserves content in Perceptive Content to fit their business needs. Perceptive Process, its BPM product line, is more tightly integrated with the Perceptive Content products and solutions to provide process mining and document output to Perceptive Software solutions. Finally, Perceptive Software released mobile applications for Apple and Android devices. The mobile applications allow users to participate in workflow, view documents and edit custom forms. Perceptive Software offers solutions across industries, such as healthcare, higher education, government, and financial services, as well as select back office functions, accounting, human resources, and contracts. These solutions are comprised of select products, best practice templates, and industry specific deployment methodologies that account for the unique differences deploying across industries. These solutions are documented and present various levels of automation based on the needs of the customer.

The Company competes with EMC, OpenText, IBM, Hyland, Appian, Cordys, Kofax, Pegasystems, Kofax, Readsoft, Google, Microsoft and HP.

Company Address

Lexmark International Inc

LEXINGTON   KY   40550
P: +1859.2322000
F: +1302.6555049

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