Lexmark will acquire Kofax, a California-based customer information software company, for $1 billion, it announced Wednesday.
Kofax, with more than 20,000 customers worldwide, had revenue of $297 million in 2014, according to a Lexmark news release stated.
The acquisition is the latest Lexmark purchase since 2010, when the Lexington-based company became more focused on providing end-to-end business solutions rather than just printers.
Kofax, founded in 1985, markets processes that allow customers to capture, manage, access and act on information.
A new logo and brand that emphasizes Lexmark's continued evolution into a business information services powerhouse will be unveiled Tuesday.
The company's Perceptive Software division will switch to the Lexmark name, although its products will remain under the Perceptive banner. The move brings all of Lexmark's recent worldwide acquisitions of business information and software companies under the company's name.
LAS VEGAS, April 8, 2015 - HP today announced, on the eve of the International Sign Expo 2015, new HP Latex and Scitex wide format graphics printers, presses and inks to help print service providers (PSPs) specializing in the sign and visual communications industry deliver results faster and at a lower total cost.
PALO ALTO, Calif., April 9, 2015 – HP today introduced a new portfolio of HP PageWide XL Printers, offering the fastest large-format production printing available in color and black-and-white.
HP PageWide XL Printers do the job of two printers in one single device, providing monochrome and color prints at breakthrough speeds up to 60 percent faster than the fastest monochrome light-emitting diode (LED) printer.
At FESPA 2015, HP unveiled the HP Latex 3500 and 3100 Printers, expanding its proven HP Latex Technology portfolio, and grew its digital corrugated offering with the HP Scitex 17000 Corrugated Press. These new solutions help sign and display print service providers (PSPs) and corrugated converters increase productivity and workflow efficiency.
COLOGNE, Germany, May 18, 2015 —At FESPA 2015, HP unveiled the HP Latex 3500 and 3100 Printers, expanding its proven HP Latex Technology portfolio, and grew its digital corrugated offering with the HP Scitex 17000 Corrugated Press. These new solutions help sign and display print service providers (PSPs) and corrugated converters increase productivity and workflow efficiency.
At Discover Las Vegas 2015, HP announced new customer engagements as well as enhancements to its Storage, Converged Data Center Infrastructure, Cloud and Software portfolios that will aid companies in their transition to hybrid IT and put them in a better position to turn ideas into value:
PALO ALTO, June 4, 2015 — HP today announced new and updated solutions and services to help customers achieve greater security and efficiency for their print environment. This expanded set of offerings is part of HP’s broader strategy to deliver innovative print security offerings and make them accessible to more customers.
PALO ALTO, Calif., Aug. 11, 2015 – HP today unveiled a series of new products, services, and programs designed to help organizations leverage data and analytics to build new products and experiences, run more efficiently, and differentiate against the competition.
At today’s HP Big Data Conference in Boston, the company announced: