Introduction
Lexmark is a multinational corporation that manufactures and sells inkjet, laser, and toner printers. Founded in 1991 by Paul Allaire and James P. Geisse, the company has since become one of the largest manufacturers in its industry.
In this article we’ll be taking an in-depth look at the history of Lexmark from its humble beginnings as a small startup to its current position as one of America’s leading tech companies.
Company Overview
Lexmark is a technology company that produces printers, copiers and other imaging products. The company’s ticker symbol is LXK, and it trades on the New York Stock Exchange under the LEXMKT ticker.
The company was founded in 1991 by Paul Allaire as Lexmark International Inc., which was later renamed to Lexmark International Incorporated (LEXMKT) after going public in 1994. It didn’t become a publicly traded company until 1996 when it merged with Esselte Corporation; however, this merger did not last long because they separated again within two years due to poor financial performance from both companies involved in the deal. Afterward came another merger between Lexmark International Incorporated (LEXMKT) and Hightech Information Systems Incorporated (HITI), creating yet another new name for itself: Lexmark International Hightech Information Systems Incorporated (LEXHITI).
Products and Services
- Lexmark has a wide range of products and services, including:
- Printers
- Scanners
- Fax machines
- Copiers
History of Lexmark
Lexmark is a multinational corporation that was founded in 1991. It has its headquarters in Lexington, Kentucky and employs over 7,000 people worldwide. The company’s products include inkjet printers, laser printers and imaging products as well as software for managing these devices.
The early days of Lexmark were spent developing innovative technologies that would help them achieve their goal of creating a “paperless office”. In 1992 they released their first thermal transfer printer which was able to print on both sides of paper at once; this innovation made it possible for businesses to print invoices without having to turn them over manually after each page had been printed.
In 1993 they unveiled another revolutionary product: an inkjet printer with photo quality resolution (640×480 dpi) – something that had never been done before! This made it possible for people who wanted high quality pictures but didn’t have access or money enough resources available elsewhere – such as photo developers – could now easily create beautiful prints using their own computer instead!
Source : Google
Editor by : Softwarehubs