Hyland completes acquisition of lexmarks perceptive. Lexmark expected to acquire swedish data solutions. The following timeline table 1 documents the history of lexmark. In march 20, lexmark announced acquisitions of accessvia and twistage for a. Acuo technologies develops medical imaging document management software. Sep 14, 2015 lexmark s ecm platform consists of four primary software suites. Thoma bravo acquires lexmarks kofax, readsoft, perceptive.
A total of 3 acquisitions came from private equity firms. Lexmark is a provider of printing and imaging products, software, solutions and services that help customers save time and money. Hyland software owner strikes deal to buy lexmark software. Thoma bravo, a leading private equity firm, today announced it has entered into a definitive agreement with lexmark international inc. According to hyland, all enterprise software business assets in the perceptive business unit, including perceptive content formerly imagenow. May 03, 2017 thoma bravo, a leading private equity firm, today announced it has entered into a definitive agreement with lexmark international inc.
Early in may, westlake, ohiobased hyland, an information management solutions provider, announced that it has acquired the enterprise content management business unit of lexmark international which includes perceptive software while thoma bravo, a usbased private equity firm which already owns hyland, would keep the rest of lexmark internationals enterprise software business which includes. Perceptive softwares ceo, scott coons, currently has an approval rating of 69%. The layoffs occurred before the company was acquired july 10 by hyland software inc. Lexmark s enterprise software business consists of three primary businesses. Following those acquisitions, the enterprise software group went into costcutting mode, according to documents filed with the u. Lexmark international develops, manufactures, and supplies printing and imaging solutions for offices and homes. Apr 28, 2014 perceptive softwares closing the gaps in enterprise content management. Nov 29, 20 each of these newly purchased businesses with the exception accessvia, which produces retail signage now fall under perceptive software, a suburban kansas citybased company acquired by lexmark in 2010.
And perceptive software, acquired by lexmark in 2010, has also grown through acquisition. Perceptive software, a standalone software business within lexmark, is a leading provider of process and content management software that helps organizations fuel greater operational efficiency. The company was founded in 1995 and is headquartered in shawnee, kansas. Hyland completes acquisition of lexmarks perceptive business. Hylands commitment to service is a consistent priority as we expand our industry expertise and work to provide impactful software solutions. Kofax, perceptive and hyland reshuffle the deck in search of. Learn more about lexmark through the content areas below. The following timeline table 1 documents the history of lexmark and its software companies. Hyland wraps up takeover of lexmarks perceptive unit, adds. With this acquisition, perceptive software expands its offering to healthcare providers by enabling.
Lexmark acquires claron technology to expand perceptive software solutions for healthcare january 6, 2015 lexmark international announced the acquisition of torontobased claron technology, a provider of medical image viewing, distribution, sharing and collaboration software technology. While perceptive has a number of different products, its imagenow platform is the focus of this acquisition, which differs from other document. Take a closer look at how our enterprise software, print hardware and. He successfully led perceptive software from a small startup to one of kansas citys hottest companies and one of the industrys leading enterprise content software providers. After the transaction closes, the perceptive software business, including. The closing of the transaction is subject to usual and customary closing.
Lexmark completes acquisition of kofax, announces enterprise software leadership change. Perceptive softwares closing the gaps in enterprise content management. Perceptive software founder scott coons says he will. May 21, 2015 he successfully led perceptive software from a small startup to one of kansas citys hottest companies and one of the industrys leading enterprise content software providers. This is the era of the adaptive organization, and lexmark perceptive software is positioned to play a key role as a technology provider by connecting information scattered across the enterprise with the processes, applications and people that need it most. Perceptive software mergers and acquisitions summary mergr. The companys most targeted sectors include software 100%. With the acquisition of kofax, lexmarks software segment. Perceptive content formerly imagenow is a full enterprise content management ecm and workflow suite used to handle all content types and put them in the proper context of an organizations process or need. Lexmark international has acquired in 6 different us states, and 4 countries. Perceptive software, which has been acquiring companies and just moved into its new lenexa headquarters, is also laying people off and closing satellite offices. Hyland finalizes its acquisition of the perceptive. Lexmark acquired perceptive software in may 2010 and stepped into the enterprise content management market.
Lexmark buys acuo to expand vendorneutral medical image. Hyland software has completed its acquisition of lexmark internationals perceptive software group, according to healthcare it news, adding. Lexmarks decision to get out of the software business is not a surprise. Curlander, lexmarks chairman and chief executive officer.
Lexmark bought kofax in 2015, and it acquired readsoft in 2014. The companys products include laser printers, inkjet printers, multifunction devices, and associated supplies, services and solutions. Perceptive software products include perceptive content, perceptive intelligent capture, acuo vna, pacsgear and enterprise medical image. Us firm hyland is to acquire perceptive software, an enterprise content management business currently owned by printer maker lexmark. Both companies now join perceptive software, a standalone business unit within lexmark. Big acquisition brings perceptive software opportunity and. Mar 05, 2012 perceptive software, a standalone software business within lexmark, is a leading provider of process and content management software that helps organizations fuel greater operational efficiency.
Hyland finalizes its acquisition of the perceptive business unit. Recent acquisitions are changing the healthcare software landscape. Perceptive softwares headquarters is located in westlake, ohio, usa 44145. Hyland, a leading provider of information management solutions, today announced the completion of its acquisition of the perceptive business unit of lexmark international, inc. Perceptive software is now lexmark enterprise software. Lexmark buys perceptive software, moves into ecm space. Hyland wraps up takeover of lexmarks perceptive unit, adds 700.
Perceptive software lexmark newsroom news releases. Since 2010, perceptive has used acquisitions with financial and strategic support from lexmark to fuel a substantial. Through its own growth and that fueled by acquisitions via lexmark, perceptive has. Lexmark acquires twistage and accessvia lexmark new zealand. San francisco, july 10, 2017 thoma bravo, a leading private equity firm, today announced that it has completed the acquisition of lexmark international, inc. Prior to this acquisition, the company completed three acquisitions brainware, isys and nolij, and these will be integrated into perceptive software, which will help drive the companys. Perceptive content features dozens of modules that allow it to interact effectively with specific applications, processes or users. The perceptive enterprise software now in hylands portfolio includes perceptive content.
The biggest question mark then was where lexmarks software divisionskofax and perceptive softwarewould end up. Hyland wraps up takeover of lexmarks perceptive unit. Layoffs spurred by an acquisition at lexmark international inc. Claron will report into lexmark s perceptive software. Kofax, perceptive and hyland reshuffle the deck in search of new. Perceptive software was a software firm that developed enterprise content management. Strategic acquisitions enable us to align with the business needs of our customers and strengthen our competitive position while continuously innovating our solution offerings. The acquisition of perceptive software builds upon and strengthens our current. The perceptive unit had 500 employees at its main office in kansas as of april 2016, whereas it employed 700 people in prior years, says a. Perceptive software closes satellite offices and announces. Lexmark international mergers and acquisitions summary mergr. Since 2010, perceptive has used acquisitions with financial and strategic support from lexmark to fuel a.
Hyland president and ceo bill priemer explains the benefits of the acquisition of the perceptive business unit of lexmark international. Perceptive software, the document and content management division of printer giant lexmark nyse. Lexmark internationals perceptive software and source technologies have launched perceptive secure print, a software and magnetic ink character recognition micr lexmark news. All enterprise software business assets in the perceptive business unit, including perceptive content formerly imagenow, perceptive intelligent capture formerly brainw. It is worth noting that lexmark has made at least nine acquisitions since 2010, including perceptive software, readsoft. Hyland has finalized its acquisition of lexmark internationals perceptive business unit, helping it build a more comprehensive suite of information management technology. Perceptive software s ceo, scott coons, currently has an approval rating of 69%. Perceptive softwares closing the gaps in enterprise content. Hyland completes takeover of lexmarks perceptive wirth.
Perceptive software s headquarters is located in westlake, ohio, usa 44145. Lexmarks chairman and ceo maps out direction he feels is. It provides imagenow, a document management, imaging, and workflow software that helps organizations to capture and organize documents, and retrieve a precise page when it needs. The revenue increase was largely driven by two acquisitions. Perceptive softwares closing the gaps in enterprise.
This acquisition enables lexmark to immediately participate in the adjacent, growing market segment of ecm software solutions. Kofax, perceptive and hyland reshuffle the deck in search. Lexmark completes acquisition of kofax, announces enterprise. Perceptive software products include perceptive content, perceptive intelligent capture, acuo vna, pacsgear and enterprise. Lexmark enterprise business seeks to reshuffle the ecm deck, 20102017. Lexmarks perceptive business has been acquired by hyland software, inc. Hyland acquires lexmarks edm business, perceptive software.
Lexmarks software unit which includes kofax and readsoft as well as perceptive software has been sold to thoma bravo, a leading us private equity firm which. Our acquisition of perceptive software truly changed lexmark, helping to grow and position us as a leader in managing unstructured print and digital information, said. Jul 11, 2017 hyland wraps up takeover of lexmarks perceptive unit, adds 700 employees. Perceptive software builds process and content management software products and solutions. Lexmark has completed a series of corporate acquisitions so the company can expand beyond its core printer and scanner business to offer software platforms in verticals such as health care. Lexmark announces definitive agreement to acquire perceptive. Each of these newly purchased businesses with the exception accessvia, which produces retail signage now fall under perceptive software, a suburban kansas citybased company acquired by lexmark in 2010. Perceptive software competitors, revenue and employees. Claron will report into lexmarks perceptive software. Hyland wraps up takeover of lexmarks perceptive unit, adds 700 employees.
Company acquires 17 offices around the world and a sizable portfolio of enterprise content management tools. Lexmark acquires claron technology to expand perceptive. Perceptive capture to collect and validate data, extract critical information, sort and classify information, and securely share the collected content with enterprise applications. Perceptive software has acquired in 1 us state, and 2 countries. Perceptive, which develops enterprise content management products, acquired three companies via its parent company lexmark in may 2012. Us firm hyland is to acquire an enterprise content management business currently owned by printer maker lexmark. Lexmarks ecm platform consists of four primary software suites. Lexmark acquires acuo technologies to bolster perceptive. The companys most targeted sectors include software 67% and information. Jul 17, 2017 hyland software has completed its acquisition of lexmark internationals perceptive software group, according to healthcare it news, adding some 700 employees to hyland. Perceptive software founder scott coons says he will retire. The perceptive unit had 500 employees at its main office in kansas as of april 2016, whereas it employed 700 people in prior years, says a local news source.
Lexmarks enterprise software business consists of three primary businesses. Perceptive software is one of the top 10 providers of ecm software technology in the world. The handwriting was on the wall, as soon as lexmark was bought by an asian printer conglomerate a year ago. Perceptive capture to collect and validate data, extract critical information, sort and classify information, and securely share the collected content with enterprise applications perceptive content to manage the lifecycle of content of all formats, to secure the content and to facilitate secure content sharing. Perceptive software, a lexmark company, is a leading provider of process and content management software that helps organizations fuel greater operational efficiency. Hyland completes acquisition of lexmarks enterprise content. Lexmarks perceptive continues its buying spree nyse. All enterprise software business assets in the perceptive business. Lexmarks perceptive ecm tools for content management. The combination of perceptive software and kofax solutions strengthens the breadth and depth of our offering, giving us an unmatched ability to help customers of all sizes, in all industries and. Lexmark is the parent company of perceptive software, which is based in lenexa and has about 750 area employees. Hyland software agrees to acquire lexmarks perceptive. Through the acquisition of perceptive software, lexmark adds a complementary, fast growing software business that is aligned with its existing industryfocused value proposition.
182 987 468 1519 937 620 1475 256 1389 125 669 234 1347 181 342 155 1314 66 327 1303 10 1188 310 1525 395 32 852 387 485 257 1014 319 633 346 1315 1375 865 23 76 1243 945