Thoma bravo buys lexmarks business software division. Open letter to perceptive and hyland customers and partners. Thoma bravo to acquire lexmarks enterprise software business. Oct 25, 2011 perceptive software grew 15%, an encouraging sign. Lxk provides businesses of all sizes with a broad range of printing and imaging products, software, solutions and services that help them to be more productive.
Lexmarks perceptive continues its buying spree nyse. All enterprise software business assets in the perceptive business unit, including perceptive content formerly imagenow, perceptive intelligent capture formerly brainware, acuo vna, pacsgear, claron, nolij, saperion, pallas athena, isys and twistage, will now. During q3, revenues from this division grew by 5% to. Coons has successfully led lexmarks software division since the company acquired perceptive software in 2010. Perceptive content features dozens of modules that allow it to interact effectively with specific applications, processes or users. And, lexmark s decision to sell off assets to a private equity firm has created a bit of a wild card for hyland, historically a very stable ecmbpm company with a single. The atrium serves as a central gathering space, grand building entrance and as individual floor. Lxk, leading imaging and printing solutions provider, expanded its perceptive software business with the acquisition of torontobased medical image technology.
Perceptive software, the document and content management division of printer giant lexmark nyse. All enterprise software business assets in the perceptive business unit, including perceptive content formerly imagenow, perceptive intelligent capture formerly brainware, acuo vna. May 21, 2015 the software operation, which has about 750 area employees, is a division of lexmark international inc. Apr 07, 2015 lenexas perceptive software is getting a new name under its parent companys rebranding effort. Lexmark international inc company profile and news. Hyland completes acquisition of lexmarks perceptive business. In 2003, the company introduced a new line of monochrome laser printers designed to serve both workgroup and desktop applications.
Lexmark set to acquire swedish company readsoft nyse. Terron bruner is affiliated with lexmark enterprise software llc stay informed and uptodate on your network with relsci news and business alerting service. Terron bruner, former director, healthcare at lexmark. Lexmark offers a wide range of monochrome and color laser printers, multifunction products, and associated features, software, and application solutions. Perceptive software founder scott coons says he will retire. Hyland finalizes its acquisition of the perceptive. Advanced, highcapacity devices to support teams of 20 or more people that print more than 6,000 pages per month. The new 238,000 square foot headquarters, located in lenexa, kansas, is comprised of two separate buildings connected by a. San francisco, may 3, 2017 prnewswire thoma bravo, a leading private equity firm, today announced it has entered into a definitive agreement with lexmark international inc. As part of the effort announced tuesday, lenexabased perceptive. Lxk, a global technology leader, today introduced the companys new corporate brand and logo.
Lxk provides businesses of all sizes with a broad range of printing and imaging products, software, solutions and services that help customers to print less and save more. Lexmark information technology and services lexington, kentucky 111,515 followers creating innovative imaging solutions and technologies that help customers print, secure and manage their information. May 21, 2015 lexmark also announced that scott coons, president of lexmark s enterprise software, has decided to retire, effective at the end of july 2015. Company officials said perceptive would retain its name and its headquarters will remain in. Lexmark completes acquisition of kofax, announces enterprise. Perceptive softwares coons talks lexmark rebranding kansas. But lexmark is alive lexmark has grown its perceptive software segment by acquiring a bunch of companies. The perceptive portfolio assets in the transaction include perceptive content formerly imagenow, perceptive capture formerly. The closing of the transaction is subject to usual and. May 26, 2010 lexmark international inc has agreed to purchase enterprise content management ecm vendor perceptive software. Kofax, perceptive and hyland reshuffle the deck in search. Lexmark also announced that scott coons, president of lexmark s enterprise software, has decided to retire, effective at the end of july 2015. Learn more about lexmark through the content areas below.
Coons has successfully led lexmark s software division since the company acquired perceptive software in 2010. As part of the effort announced tuesday, lenexabased perceptive will drop its. Coonss professional profile on relationship science, the database of decision makers. Take a closer look at how our enterprise software, print hardware and. Scotts career in enterprise software has been truly extraordinary. Since separating from ibm in 1991, lxks product line has expanded to include laser printers and multifunctional devices, as well as associated supplies, software. Lxk q2 2010 earnings call transcript july 27, 2010 8. Lexmark international s perceptions software business has shown tremendous growth over the years despite its relatively smaller contribution to the company.
Perceptive software, a lexmark company provides process and content management software that helps organizations fuel greater. Shawneebased perceptive software is getting a new owner. Perceptive software sees sale to lexmark as aid to growth. I could not be more thrilled to share that hyland has entered into a definitive agreement to acquire the perceptive business unit of the lexmark enterprise software division of lexmark international, inc. All enterprise software business assets in the perceptive business unit, including perceptive content formerly imagenow, perceptive intelligent capture formerly brainware, acuo vna, pacsgear, claron, nolij, saperion, pallas athena, isys and twistage. The company was added to lexmarks perceptive software division. Lexmark is engaged in developing, manufacturing and supplying printing, imaging, document workflow, and. Lexmark acquires acuo technologies healthcare it today. Lexmark was acquired last year by a chinese consortium of investors led by apex technology of china and pag asia capital. This acquisition will nearly double the size of lexmark s enterprise software annualized revenue to. Thoma bravo has agreed to buy lexmark international s enterprise software unit. Pbigordon will move 100 hq employees to former perceptive. Apr 06, 2015 lexmarks perceptive software business. Lxk, continued its mergers and acquisitions spree tuesday with the.
Lexmark s exit from the software business is straightforward, but perceptive software and kofax are, in many ways, just beginning to play another round in ecm and bpm. The software operation, which has about 750 area employees, is a division of lexmark international inc. Its may 21 announcement of a deal to sell to laser printer manufacturer lexmark international inc. Lxk today announced the acquisition of acuo technologies, llc, a recognized leader in high performance software and services for clinical content management. Perceptive software is a business unit of hyland software, inc. Lexmark international inc customers by division and. The sculpture is an integral part of the perceptive software headquarters design concept since renamed to a division of lexmark. Lexmark international inc ky agreement and plan of merger by and among ninestar holdings company limited, ninestar group company limited, ninestar lexmark company limited, lexmark international, inc. Thoma bravo, hyland, lexmark and perceptive involved in. However, lexmark s overall revenue growth was dampened by the continuing revenue decline from our legacy consumer business. Lexmark buys perceptive software canadian packaging. The new 238,000 square foot headquarters, located in lenexa, kansas, is comprised of two separate buildings connected by a five story glass atrium.
Perceptive software enhances lexmark s capabilities as a content and process management solutions provider, expands. Perceptive content formerly imagenow is a full enterprise content management ecm and workflow suite used to handle all content types and put them in the proper context of an organizations process or need. Perceptive software is one of the top 10 providers of ecm software technology in the world. Hyland, a leading provider of information management solutions, today announced the completion of its acquisition of the perceptive business unit of lexmark international, inc. Perceptive software was a software firm that developed enterprise content management. The rebranding reflects both the evolution of the company as well as its vision for the future. Lxk, leading imaging and printing solutions provider, expanded its perceptive software business with the acquisition of torontobased medical image technology provider. Sherlyn wyatt manson director of global communications. Lexmark rebranding effort brings new name for perceptive. Genuine lexmark supplies deliver superior image quality, while also producing higher volumes and reducing cost per page. Lexmark internationals ceo discusses q3 2011 results.
Hyland president and ceo bill priemer explains the benefits of the acquisition of the perceptive business unit of lexmark international. The official website of the federal trade commission, protecting americas consumers for over 100 years. Perceptive software, a lexmark company, is a leading provider of process and content management software that helps organizations fuel greater operational efficiency. Director of global communications at lexmark international, inc.
Early in may, westlake, ohiobased hyland, an information management solutions provider, announced that it has acquired the enterprise content management business unit of lexmark international which includes perceptive software while thoma bravo, a usbased private equity firm which already owns hyland, would keep the rest of lexmark international s enterprise software. Thoma bravo acquires lexmarks kofax, readsoft, perceptive. The perceptive software division is the companys second biggest business unit and makes up over 10% of lexmark s estimated value. View sherlyn wyatt mansons profile on linkedin, the worlds largest professional community. May 19, 2014 the perceptive software division is the companys second biggest business unit and makes up over 10% of lexmark s estimated value. Nov 01, 2016 as lexmark plans to become an endtoend solution provider, perceptive software is becoming an increasingly important division for lexmark. On july 10, 2017, hyland software finalized its acquisition of the perceptive business unit of lexmark international, inc. Lexmark combines laser, inkjet printing divisions into single. Perceptive software of lenexa changes its name to lexmark.
Westlake, oh thoma bravo has acquired lexmark s enterprise software business which is made of kofax, readsoft and perceptive software. May 21, 2015 coons has successfully led lexmarks software division since the company acquired perceptive software in 2010. Lexmark international to purchase perceptive software. To learn more about why lexmark perceptive software has been named a leader, download the gartner magic quadrant for enterprise content management, 2015. Lexmark is a provider of printing and imaging products, software, solutions and services that help customers save time and money. Strategic vision in some ways, the first era of business automation was symbolized by henry fords assembly line and focused on removing variability to ensure repeatable and scalable. May 28, 2015 lexmark also announced that scott coons, president of lexmarks enterprise software, has decided to retire, effective at the end of july 2015.
Lexmark international inc lxk earnings report, financial. Perceptive experienced annual growth of 53% in 20 and reported. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you. Hyland completes acquisition of lexmarks perceptive. Perceptive software is now lexmark enterprise software. As lexmark plans to become an endtoend solution provider, perceptive software is becoming an increasingly important division for lexmark. Citrix compatible products from lexmark international, inc. Perceptive software founder scott coons says he will. Lxk is exiting the inkjet hardware division and is restructuring its business to concentrate on laser printers, managed printing services and perceptive software. Derek murphy business profile lexmark international, inc. Thoma bravo, a leading private equity firm, today announced it has entered into a definitive agreement with lexmark international inc. Lexmark international inc lxk divisions, quarterly segment. Lexmark, through perceptive software, also internally develops content.
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