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