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Founded: 1991
CEO: Allen Waugerman
HQ: Lexington, KY
Employees: 13,000
Acquired by Apex Technology and PAG Asia Capital for $3.6 billion USD and taken private in 2016
WebsiteLexmark has been a leader in imaging and printing solutions for consumers and enterprises since 1991, when they were spun off from IBM. Their focus on customer engagement has produced advances in information management, streamlined processes, and reduced costs. Lexmark’s award-winning technology portfolio has continued to evolve and grow as the world becomes more digital and connected, now selling products and services in more than 170 countries!
Lexmark was listed on the New York Stock Exchange in 1995 and remained publicly traded until 2016. In a transaction announced in April 2016 and completed in November 2016, Lexmark International was acquired for $3.6 billion USD and taken private by a consortium of investors led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG). It is an exciting time, entering a new era for the company.
