It was in 1991 that Lexmark International was put up as an international provider of laser printers and enterprise software. This American venture is headquartered in Lexington, Kentucky and continues to operate several hubs across the world. It is listed as a component of the Russell 3000 and the S&P 400 Indices. It thrives in the industries of Enterprise Output, Business Process Management, Printers, Document Management Systems and Enterprise Content Management.
The creation of the business is the result of IBM’s move to divest its hardware manufacturing operations to investment firm Clayton & Dubilier & Rice, Inc. Since its inception, Lexmark International has received several laudations in the industry it serves. The operations of the company are intended to help businesses and organizations improve their processes and reduce their operational costs. As the world moves into the digital age, the award winning imaging and output technologies offered by the company continues to evolve.
Leading market analyst firms around the world continue to recognize the expertise of the company. Its offerings are able to reach more than 170 countries. The offerings of the business generate more than $3.7 billion annually. There are more than 12,700 associates who are working for the company, they have operations in the Philippines, India, Sweden, Germany and the United States. They also maintain several offices across Asia, Africa, Europe, North and South America. Since 2010, the company has been aggressively taking over businesses and acquired companies that further expanded its operations. Through these takeovers, the company has expanded to include innovative software solutions.
In November 1995, the business has made its initial public offering. It is on the New York Stock Exchange that the company markets its common shares. It uses the ticker symbol LXK. Currently, Paul Rooke, sits as the company’s Chairman and CEO.
No comments:
Post a Comment