NewsByte – April 30, 2013 – Lexmark International, Inc. (NYSE: LXK) today announced its new Lexmark MX6500e Multifunction Option that expands the capabilities of the company’s award-winning workgroup monochrome printers to create a powerful multifunction system that meets customers’ demanding capture, copy and finishing needs.
The Lexmark MX6500e Multifunction Option easily combines with Lexmark’s MS710 Series* and MS810 Series* of monochrome laser printers with a modular design that adapts to the layout of a facility or office to enable workflow efficiency. Users can conveniently position the device closest to where the work is performed, including lower heights for easier accessibility and serviceability.
Lexington, KY - Funai Electric Company, Ltd. today announced that it has signed an agreement to acquire Lexmark International, Inc.'s inkjet-related technology and assets for approximately $100 million (approximately JPY 9.5 billion).
Upon closing of the transaction, Funai will acquire more than 1,500 inkjet patents, Lexmark's inkjet-related research and development assets and tools, all outstanding shares and the manufacturing facility of Lexmark International (Philippines), Inc., and other inkjet-related technologies and assets. Through this transaction, Funai will acquire the capabilities to develop, manufacture and sell inkjet hardware as well as inkjet supplies. The transaction is subject to customary closing conditions and is expected to close within the first half of 2013.
By Marlene Orr, Senior Analyst, Printers/A4 MFP, March 20, 2013
Historically, inkjets have been slower than laser devices, and although high-capacity cartridges were available for business-class inkjets, the yields were generally lower than those available for business-class laser machines. Of course, the inkjets cost less and many offered a comparable cost per page, making them a good choice for low-volume environments. But those slower speeds and relatively low yield cartridges didn’t make them a good fit for higher-volume business environments. Until now, that is.
Hewlett-Packard Company (HP) has long been a fixture in the home and in the office with its inkjet technology, but the new Officejet Pro X series products turns the idea of inkjet printing on its head. With rated speeds topping out at 70 ppm (42 ppm in default mode), combined with a high duty cycle (75,000 pages per month) and ink cartridges that yield more than 5,000 pages each, the Officejet Pro X576 MFP and X551 printer look like true competitors for laser devices at these higher values. Here’s a peek at some of the first test results coming out of the lab on these models and how they compare with laser models.
LEXINGTON, Ky., March 5, 2013 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) today announced the completion of two acquisitions, San Francisco-based Twistage and Seattle-based AccessVia. The total acquisition price for the companies combined is approximately $31.5 million.
Twistage offers an industry-leading, pure cloud software platform for managing video, audio and image content.
Twistage's framework easily integrates with customers' existing applications and is flexible and adaptable – bridging gaps in a company's media management infrastructure.
LEXINGTON, Ky., Jan. 28, 2013 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) today announced it has signed a five-year agreement with Anheuser-Busch InBev that extends its services into Europe to drive improved productivity and cost savings for the leading global brewer.
The multi-country services contract calls for world-class managed print services (MPS), a standardized fleet of innovative printers and smart multifunction products (MFPs) and improved business processes to be provided to Anheuser-Busch InBev. The scope of services includes corporate offices in addition to breweries.
The current economic crisis has had a major impact on how enterprises allocate their IT budgets. Despite the fact that shrewd investments in services will provide immediate cost savings, enterprises are still reluctant to spend, requiring greater proof of realistic return on investment in the short- to mid-term and taking considerably longer to make final decisions before getting projects up and running.
Offerings that are increasingly attractive are focused on cost savings, strong business benefits, governance and risk reduction. Now that companies are scrutinising their overheads, many of today's major international organisations are starting to realise that more effective management of print procedures and document archives will save them both time and money, although they often have no concept of the magnitude of that saving.
An economic downturn will usually push expenditure to operational (opex) rather than capital expenditure (capex). The major reasons for this are:
- Greater flexibility, less cost: Opex-based spend allows budgets to be cut or increased faster and with fewer penalties and costs. It also allows new services to be bought and deployed more quickly and more easily. A utility pricing model — where a single invoice is generated on a monthly or quarterly basis — ensures that companies pay for what they use.
- Less risk: Moving towards opex decreases the risk of infrastructure overcapacity and consequently financial charges.
- Budget constraints or reluctance to borrow to fund investments: Avoiding assets on the balance sheet lowers an organisation's need for raising equity or taking loans to finance the assets. Consequently opex-based engagements become more attractive. This is also likely to drive interest for asset-based third-party agreements such as outsourcing and managed services.
LEXINGTON, Ky., Nov.15, 2012 /PRNewswire/ — Lexmark International, Inc. (NYSE: LXK) today announced the new Lexmark Secure Content Monitor, a security solution that mitigates risk and protects companies and agencies from potential threats to confidential information, profits and productivity by enabling businesses to automatically track and audit sensitive information.
Lexmark Secure Content Monitor can also save organizations significant costs in the areas of compliance with government and industry standards. In fact, a 2012 Sarbanes-Oxley Compliance survey reports that automating key controls and taking a proactive stance is one of the few opportunities for businesses to achieve long-term cost savings with Sarbanes-Oxley compliance1.
While many organizations today protect classified and confidential information transported through email, they are still exposed to security breaches with the potential unauthorized release of paper and digital documents.
LEXINGTON, Ky., Oct. 29, 2012 /PRNewswire/ — Lexmark International, Inc. (NYSE: LXK) today announced its positioning in the Leaders quadrant by leading industry analyst firm Gartner, Inc. in their “Magic Quadrant: Managed Print Services Worldwide” report1.
In the Gartner Magic Quadrant report, Lexmark was evaluated on “completeness of vision” as well as its “ability to execute.” According to Gartner, “Leaders provide MPS to a wide range of customers, including the largest and most geographically dispersed, so they must demonstrate a truly global reach. They must demonstrate not only the skills to deliver today’s MPS, but also the understanding, initiative and resources to prepare for tomorrow’s MPS. Leaders characteristically augment the full scope of MPS with a wide range of added-value services. As a result, they are frequently shortlisted by large and midsize customers.”
LEXINGTON, Ky., Oct. 18, 2012 – In one of the most significant product launches in the company’s history, Lexmark International, Inc. (NYSE: LXK) today announced a wide breadth of new laser printers and multifunction products (MFPs) built on an enhanced technology platform that delivers productivity-enhancing solutions.
Lexmark’s smart MFPs include an intuitive touch screen that provides access to many powerful applications that reduce the complexities of manual processes and improve productivity. This seamless integration of Lexmark’s smart MFPs with the Perceptive Software portfolio helps improve infrastructure efficiency and team performance to propel growth.
LEXINGTON, Ky., Oct. 4, 2012 /PRNewswire/ -- Statoil, a leading energy company within the oil and gas production industry, has chosen Lexmark International, Inc. (NYSE: LXK) for a five-year printing solution services agreement approximately valued at $20 million for the initial contract period. Lexmark is now the sole printing solution services provider for Statoil operations worldwide.
Lexmark will optimize Statoil's output infrastructure, providing output solutions, improving security and implementing other managed services. Deploying Lexmark's intuitive smart multifunction products will also streamline business processes and provide an environmentally sound solution that decreases energy and consumables usage and significantly reduces the number of printed pages.
In addition, Lexmark will deploy security measures across the organization as well as best-in-class color technology to deliver additional benefits.