Perceptive software is now lexmark enterprise software. Coonss professional profile on relationship science, the database of decision makers. May 21, 2015 coons has successfully led lexmarks software division since the company acquired perceptive software in 2010. Lxk today appear cyberbanking aftereffects for the added division of 2012. May 19, 2014 the perceptive software division is the companys second biggest business unit and makes up over 10% of lexmark s estimated value.
Thoma bravo acquires lexmarks kofax, readsoft, perceptive. Perceptive software sees sale to lexmark as aid to growth. During q3, revenues from this division grew by 5% to. Apr 06, 2015 lexmarks perceptive software business. Perceptive software was a software firm that developed enterprise content management. 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. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you. Lexmark was acquired last year by a chinese consortium of investors led by apex technology of china and pag asia capital. The perceptive portfolio assets in the transaction include perceptive content formerly imagenow, perceptive capture formerly. Perceptive software is one of the top 10 providers of ecm software technology in the world.
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. The perceptive software division is the companys second biggest business unit and makes up over 10% of lexmark s estimated value. Terron bruner, former director, healthcare at lexmark. Lexmark international inc lxk earnings report, financial.
Lxk is exiting the inkjet hardware division and is restructuring its business to concentrate on laser printers, managed printing services and perceptive software. Lexmark international to purchase perceptive software. Its may 21 announcement of a deal to sell to laser printer manufacturer 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. Perceptive software is a business unit of hyland software, inc. Customers of lexmark international inc saw their costs of revenue fall by 25. Take a closer look at how our enterprise software, print hardware and. 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. Sherlyn wyatt manson director of global communications.
Terron bruner is affiliated with lexmark enterprise software llc stay informed and uptodate on your network with relsci news and business alerting service. Hyland, a leading provider of information management solutions, today announced the completion of its acquisition of the perceptive business unit of lexmark international, inc. The target consists of the kofax, readsoft and perceptive software businesses. 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. 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. Director of global communications at lexmark international, inc. Apr 07, 2015 lenexas perceptive software is getting a new name under its parent companys rebranding effort. Thoma bravo, hyland, lexmark and perceptive involved in. Lexmark combines laser, inkjet printing divisions into single. 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. Thoma bravo has agreed to buy lexmark international s enterprise software unit. As part of the effort announced tuesday, lenexabased perceptive. The sculpture is an integral part of the perceptive software headquarters design concept since renamed to a division of lexmark.
Open letter to perceptive and hyland customers and partners. Oct 25, 2011 perceptive software grew 15%, an encouraging sign. Perceptive software, a lexmark company, is a leading provider of process and content management software that helps organizations fuel greater operational efficiency. Lexmark buys perceptive software canadian packaging. Lexmark is a provider of printing and imaging products, software, solutions and services that help customers save time and money. Company officials said perceptive would retain its name and its headquarters will remain in. To learn more about why lexmark perceptive software has been named a leader, download the gartner magic quadrant for enterprise content management, 2015. Lexmark rebranding effort brings new name for perceptive. 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. Coons has successfully led lexmarks software division since the company acquired perceptive software in 2010. Lxk q2 2010 earnings call transcript july 27, 2010 8. 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. Pbigordon will move 100 hq employees to former perceptive.
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. Lexmark offers a wide range of monochrome and color laser printers, multifunction products, and associated features, software, and application solutions. Lexmark international inc income growth by division iss39. Coons has successfully led lexmark s software division since the company acquired perceptive software in 2010. Scotts career in enterprise software has been truly extraordinary. View sherlyn wyatt mansons profile on linkedin, the worlds largest professional community. Learn more about lexmark through the content areas below. The closing of the transaction is subject to usual and. Hyland finalizes its acquisition of the perceptive. Hyland completes acquisition of lexmarks perceptive. Kofax, perceptive and hyland reshuffle the deck in search. The new 238,000 square foot headquarters, located in lenexa, kansas, is comprised of two separate buildings connected by a.
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. Lexmark international inc lxk divisions, quarterly segment. Lxk today announced the acquisition of acuo technologies, llc, a recognized leader in high performance software and services for clinical content management. Lexmark set to acquire swedish company readsoft nyse. Lexmark completes acquisition of kofax, announces enterprise. Thoma bravo, a leading private equity firm, today announced it has entered into a definitive agreement with lexmark international inc. Perceptive software enhances lexmark s capabilities as a content and process management solutions provider, expands. Shawneebased perceptive software is getting a new owner. Since separating from ibm in 1991, lxks product line has expanded to include laser printers and multifunctional devices, as well as associated supplies, software. Hyland announced its acquisition of perceptive in july. In 2003, the company introduced a new line of monochrome laser printers designed to serve both workgroup and desktop applications. Lexmark international s perceptions software business has shown tremendous growth over the years despite its relatively smaller contribution to the company. Lexmarks perceptive continues its buying spree nyse.
As part of the effort announced tuesday, lenexabased perceptive will drop its. Westlake, oh thoma bravo has acquired lexmark s enterprise software business which is made of kofax, readsoft and perceptive software. Lexmark, through perceptive software, also internally develops content. But lexmark is alive lexmark has grown its perceptive software segment by acquiring a bunch of companies. 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. Lexmark internationals ceo discusses q3 2011 results. 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 of lenexa changes its name to lexmark. Lexmark international inc customers by division and. Lxk, leading imaging and printing solutions provider, expanded its perceptive software business with the acquisition of torontobased medical image technology provider.
The software operation, which has about 750 area employees, is a division of lexmark international inc. Perceptive software, a lexmark company provides process and content management software that helps organizations fuel greater. Hyland president and ceo bill priemer explains the benefits of the acquisition of the perceptive business unit of lexmark international. Lexmark also announced that scott coons, president of lexmark s enterprise software, has decided to retire, effective at the end of july 2015. Perceptive software founder scott coons says he will retire. 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. 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. Nov 01, 2016 as lexmark plans to become an endtoend solution provider, perceptive software is becoming an increasingly important division for lexmark.
Perceptive experienced annual growth of 53% in 20 and reported. Thoma bravo buys lexmarks business software division. Lexmark is engaged in developing, manufacturing and supplying printing, imaging, document workflow, and. However, lexmark s overall revenue growth was dampened by the continuing revenue decline from our legacy consumer business. Perceptive content features dozens of modules that allow it to interact effectively with specific applications, processes or users. Lxk, a global technology leader, today introduced the companys new corporate brand and logo. On july 10, 2017, hyland software finalized its acquisition of the perceptive business unit of lexmark international, inc. The official website of the federal trade commission, protecting americas consumers for over 100 years. 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. Advanced, highcapacity devices to support teams of 20 or more people that print more than 6,000 pages per month. Lexmark acquires acuo technologies healthcare it today. The company was added to lexmarks perceptive software division. May 26, 2010 lexmark international inc has agreed to purchase enterprise content management ecm vendor perceptive software. 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 business which includes.
Thoma bravo to acquire lexmarks enterprise software business. The atrium serves as a central gathering space, grand building entrance and as individual floor. 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. Derek murphy business profile lexmark international, inc. 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. Genuine lexmark supplies deliver superior image quality, while also producing higher volumes and reducing cost per page. This acquisition will nearly double the size of lexmark s enterprise software annualized revenue to. May 21, 2015 the software operation, which has about 750 area employees, is a division of lexmark international inc. As lexmark plans to become an endtoend solution provider, perceptive software is becoming an increasingly important division for lexmark. Lxk, leading imaging and printing solutions provider, expanded its perceptive software business with the acquisition of torontobased medical image technology. Hyland completes acquisition of lexmarks perceptive business. The rebranding reflects both the evolution of the company as well as its vision for the future.
Lexmark international inc company profile and news. Perceptive software founder scott coons says he will. Citrix compatible products from lexmark international, inc. Perceptive softwares coons talks lexmark rebranding kansas.
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