Lexmark (NYSE: LXK)) is an American corporation. The company is a developer, manufacturer and supplier of printing and imaging solutions, including laser and inkjet printers, multifunction products and associated supplies and services for business and individual consumers worldwide.
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Contents
- 1 History
- 2 Operations
- 3 Products
- 3.1 Hardware
- 3.2 Software
- 4 ACRA v. Lexmark
- 5 Lexmark Int'l v. Static Control Components
- 6 External links
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History
Lexmark was founded in 1991 as a spin-off of IBM's printer-manufacturing division. Lexmark became publicly held and traded in 1995.
Operations
The firm's corporate and research and development offices are located at the company’s headquarters in Lexington, Kentucky, United States, and has offices throughout North and South America, Asia, Africa and Europe. The company has more than 13,000 employees worldwide. Lexmark is a Fortune 500 company and had $5.22 billion in revenues in 2005.
In addition to manufacturing hardware under their name, Lexmark also does 3rd party development of printers for other major companies, such as Dell.
Products
Lexmark X1150 inkjet multifunction printer
Hardware
Lexmark's Optra series laser printers are widely used in business applications, and its all-in-one models are extremely popular.
A list of Optra and other Lexmark products:
- Lexmark 2380 proprinter
- Lexmark 2480 proprinter
- Lexmark Optra Lxn laser printer
Lexmark took over production of the IBM Model M Keyboard in the mid 1990s. The patent was sold several years later to Unicomp.
Lexmark's newest offerings include the following:
- Lexmark C500n Color Laser
- Lexmark C522n/C524n Color Laser
- Lexmark T640 series (including the T642 and T644) work group mono laser printers
- Lexmark X340n/X342n laser All-In-Ones
- Lexmark X1270 All-In-One
- Lexmark X2470
- Lexmark X3470 All-In-One
- Lexmark X642e, X644e and X646e/f work group All-In-Ones
- Lexmark W840 hi-capacity mono laser printer
- Lexmark X850e series (including the X852e and X854e) hi-capacity mono MFPs
Software
The company also offers an award-winning workflow and electronic forms software package called the Lexmark Document Solutions Suite (LDSS). The software features ten customizable solutions designed to streamline, optimize, and transform business processes:
- Lexmark Document Distributor
- Lexmark Document Producer
- Lexmark Document Portal
- Lexmark Data Transformer
- Lexmark Document Solutions Desktop
- Lexmark Document Portal Desktop
- Lexmark Workflow Composer
- Lexmark Forms Composer
- Lexmark Forms Cards
- Lexmark Workgroup OCR
LDSS is designed to fax, scan and archive documents to selected databases or electronic document management systems. The intent is to save processing time and labor costs, as well as reduce mailing and overnight charges and human error. The software can customize the eTask touch-screen interface on Lexmark's MFP and laser AIO product line.
ACRA v. Lexmark
A court victory in 2005 was handed to Lexmark in the case of ACRA v. Lexmark. This case states that Lexmark can enforce the “single use only” policy written on the side of Lexmark printer cartridge boxes sold to certain large customers at a discount, with the understanding that the customers will return the cartridges to Lexmark after using them. This means that these customers can face lawsuits if they breach the agreements, and do not return the cartridges.
Lexmark Int'l v. Static Control Components
Also in 2005, Lexmark suffered a legal defeat in the case of Lexmark Int'l v. Static Control Components, when the US Supreme Court rejected Lexmark's petition for a writ of certiorari, thereby rejecting their attempt to have the Court hear their DMCA case.
External links
- Official web site
- Computer Business Review - Lexmark Company Profile
- EFF: Lexmark v. Static Control Components Inc.
Categories: Companies listed on the New York Stock Exchange | Companies established in 1991 | IBM hardware | Computer companies of the United States | Computer hardware companies | Companies based in Kentucky | Fortune 1000 | S&P 500
