# Lexmark

> American document management corporation

**Wikidata**: [Q1415501](https://www.wikidata.org/wiki/Q1415501)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Lexmark)  
**Source**: https://4ort.xyz/entity/lexmark

## Summary
Lexmark is an American document management corporation founded in 1991, specializing in printers, imaging solutions, and enterprise software. Acquired by Xerox in 2003, it operates as a subsidiary under the Xerox brand, maintaining headquarters in Lexington, Kentucky. Lexmark is known for its contributions to office technology, including printers, multifunction devices, and document management systems.

## Key Facts
- **Founded**: March 27, 1991
- **Headquarters**: Lexington, Kentucky, United States
- **Parent Company**: Xerox (since 2003)
- **Industry**: Document management, office technology
- **Products**: Printers, multifunction devices, imaging solutions, enterprise software
- **Stock Exchange**: New York Stock Exchange (NYSE)
- **Website**: https://www.lexmark.com/
- **Key Acquisitions**: Xerox (2003)
- **Notable Subsidiaries**: Xerox Corporation
- **Founders**: IBM (spun off in 1991)
- **Employees**: 136,500 (2023, as part of Xerox)
- **Revenue**: $18.045 billion (2023, as part of Xerox)
- **Net Profit**: $488 million (2023, as part of Xerox)
- **Identifiers**: 
  - **GND ID**: 10053306-5
  - **FAST ID**: 1784428
  - **VIAF ID**: 155103672
  - **Library of Congress Authority ID**: n92044514
  - **Wikidata ID**: Q37156

## FAQs
**What is Lexmark's relationship with Xerox?**  
Lexmark was acquired by Xerox in 2003 and operates as a subsidiary, contributing to Xerox's document management and office technology portfolio.

**What products and services does Lexmark offer?**  
Lexmark provides printers, multifunction devices, imaging solutions, and enterprise software tailored for businesses and organizations.

**When was Lexmark founded, and what is its origin?**  
Founded on March 27, 1991, Lexmark originated as a spin-off from IBM, focusing on printing and imaging technologies.

**What are Lexmark's key achievements and innovations?**  
Lexmark is recognized for advancing office technology through high-quality printers and document management systems, enhancing workplace efficiency and productivity.

## Why It Matters
Lexmark plays a critical role in the evolution of office technology, offering reliable printing and imaging solutions that support modern business operations. As a subsidiary of Xerox, it leverages its expertise to deliver integrated document management systems, ensuring seamless workflows in corporate environments. Its contributions to printer technology and enterprise software underscore its importance in maintaining efficient, productive workplaces globally.

## Notable For
- **Acquisition by Xerox**: Strengthened Xerox's position in the document management sector.
- **Specialization in Office Technology**: Focus on high-performance printers and multifunction devices.
- **Enterprise Software Solutions**: Development of imaging and document management systems for businesses.
- **Global Presence**: Operates internationally, supporting diverse organizational needs.
- **Legacy of Innovation**: Continuous advancements in printing technology and workflow solutions.

## Body

### History and Corporate Structure
Lexmark was founded on March 27, 1991, as a spin-off from IBM, inheriting IBM's printing business. In 2003, it was acquired by Xerox, becoming a key subsidiary and contributing to Xerox's expansion in the document management and office technology markets. Today, Lexmark operates under the Xerox brand, maintaining its headquarters in Lexington, Kentucky.

### Products and Services
Lexmark's product portfolio includes a wide range of printers, multifunction devices, and imaging solutions designed for businesses of all sizes. The company also develops enterprise software to manage document workflows, ensuring efficiency and security in corporate environments. Notable products integrate advanced printing technologies, supporting high-volume output and multifunctional capabilities.

### Financial and Operational Performance
As part of Xerox, Lexmark contributes to the parent company's financial performance. In 2023, Xerox reported $18.045 billion in revenue and $488 million in net profit, reflecting the combined success of its subsidiaries, including Lexmark. The company employs 136,500 individuals globally, emphasizing its scale and reach in the office technology sector.

### Industry Impact and Innovation
Lexmark has driven innovation in printing and document management, addressing the evolving needs of modern workplaces. Its technologies enhance productivity, reduce operational costs, and ensure secure document handling. By integrating hardware and software solutions, Lexmark supports businesses in maintaining efficient, streamlined workflows, critical for competitiveness in today's fast-paced corporate environments.

### Relationships and Affiliations
Lexmark's acquisition by Xerox in 2003 marked a strategic move to consolidate expertise in document management. This partnership has enabled Lexmark to leverage Xerox's global infrastructure and R&D capabilities, further advancing its product offerings. The company's affiliation with Xerox reinforces its position as a trusted provider of office technology solutions.

### Identifiers and Recognition
Lexmark is recognized through various identifiers, including GND ID 10053306-5, FAST ID 1784428, VIAF ID 155103672, and Library of Congress Authority ID n92044514. These identifiers highlight its presence in academic, library, and knowledge systems, underscoring its relevance in the technology and business sectors.

### Global Presence and Market Influence
With operations spanning multiple countries, Lexmark caters to a diverse client base, from small businesses to large enterprises. Its global reach and localized support services ensure accessibility and reliability, reinforcing its role as a key player in the office technology market. Lexmark's products and solutions are integral to maintaining efficient, productive workplaces worldwide.

## References

1. [Source](https://www.lobbyfacts.eu/datacard/lexmark-international?rid=586452448731-68)
2. GRID Release 2017-01-10
3. [Source](https://www.wi-fi.org/membership/member-companies)
4. ROR release v1.19
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7. [Source](http://www.linux-usb.org/usb.ids)
8. [Source](http://km.aifb.kit.edu/services/crunchbase/)
9. GRID Release 2016-12-06
10. EU Transparency Register
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12. Microsoft Academic Knowledge Graph
13. National Library of Israel Names and Subjects Authority File