Lexmark International
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Lexmark International
Lexmark International, Inc. is a privately held American company that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky. Since 2016 it has been jointly owned by a consortium of three multinational companies: Apex Technology, PAG Asia Capital, and Legend Capital. History Lexmark was formed on March 27, 1991 when investment firm Clayton & Dubilier completed a leveraged buyout of IBM Information Products Corporation, the printer, typewriter, and keyboard operations of IBM. Lexmark became a publicly traded company on the New York Stock Exchange on November 15, 1995. By 2016, the company struggled to keep corporate clients that are cutting costs and the consumers who are shifting to mobile devices from personal computers. It was reported in April 2016 that Lexmark would be acquired by Apex Technology and PAG Asia Capital for US$3.6 billion. Lexmark was set to be acquired at $40.50 per share in the transaction. Initial talks for ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Legend Capital
Legend Holdings Corporation () is a Chinese investment holding company with interests in finance, real estate, and information technology, and the controlling shareholder of its better-known associate company, the Lenovo Group. Formed by the Chinese Academy of Sciences, Lenovo was originally Legend Computer, until the English name was changed in 2004. Its Chinese name however remains the same, 联想 (). Leadership Liu Chuanzhi In June 2012, Liu stepped down as chairman of Legend Holdings, the parent company of Lenovo. In the years just prior to his resignation, Liu focused on improving Legend's growth, building-up its core assets, and issue a public offering of stock between 2014 and 2016. Legend's major assets include Lenovo, Legend Capital, a real-estate venture called Raycom, Digital China, and Hony Capital. In an interview with the BBC, Liu said that his vision for Legend is for it "to become an industry in it its own right" and that he wants it "to be become the top ente ...
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Cebu City
Cebu City, officially the City of Cebu ( ceb, Dakbayan sa Sugbo; fil, Lungsod ng Cebu; hil, Dakbanwa sang Sugbo), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Central Visayas Regions of the Philippines, region of the Philippines and capital of the Cebu, Cebu Province. According to the 2020 census, it has a population of 964,169 people, making it the sixth-most populated city in the nation and the most populous in the Visayas. It is the regional center of Central Visayas and seat of government of the province of Cebu, but governed separate from the province. The city and its Metro Cebu, metropolitan area exert influence on commerce, trade, industry, education, culture, tourism, and healthcare beyond the region, over the entire Visayas and partly over Mindanao. It is the Philippines' main domestic shipping port and is home to about 80% of the country's domestic shipping companies. Cebu City is bounded on the north by the town o ...
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Research And Development
Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existing ones. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation ...
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Thoma Bravo
Thoma Bravo, LP, is an American private equity and growth capital firm with offices in San Francisco, Chicago and Miami. It is known for being particularly active in acquiring software companies and has over $114 billion in assets under management. It is the successor to the firm Golder Thoma & Co., which was established in 1980 by Stanley Golder and Carl Thoma. Thoma Bravo is led by managing partners Seth Boro, Orlando Bravo, Scott Crabill, Lee Mitchell, Holden Spaht and Carl Thoma. In 2021 it was the highest growing major buyout firm in the world. In February 2019, the French business school HEC Paris, in conjunction with Dow Jones, named Thoma Bravo, the best-performing buyout investor after studying 898 funds raised between 2005 and 2014. The company focuses on the application, infrastructure and cybersecurity software and technology-enabled business service sectors, and uses a "consolidation" or "buy and build" investment strategy. Investments Called by the ''Financial ...
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Lexington Herald-Leader
The ''Lexington Herald-Leader'' is a newspaper owned by the McClatchy Company and based in Lexington, Kentucky. According to the ''1999 Editor & Publisher International Yearbook'', the paid circulation of the ''Herald-Leader'' is the second largest in the Commonwealth of Kentucky. The newspaper has won the 1986 Pulitzer Prize for Investigative Reporting, the 1992 Pulitzer Prize for Editorial Writing, and the 2000 Pulitzer Prize for Editorial Cartooning. It had also been a finalist in six other Pulitzer awards in the 22-year period up until its sale in 2006, a record that was unsurpassed by any mid-sized newspaper in the United States during the same time frame. History The ''Herald-Leader'' was created by a 1983 merger of the ''Lexington Herald'' and the ''Lexington Leader''. The story of the ''Herald'' begins in 1870 with a paper known as the ''Lexington Daily Press''. In 1895, a descendant of that paper was first published as the ''Morning Herald'', later to be renamed the ' ...
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Kofax
Kofax Inc. is an Irvine, California-based intelligent automation software provider. Founded in 1985, the company's software allows businesses to automate and improve business workflows by simplifying the handling of data and documents. Since 2017, the company has been an independent portfolio company owned by private equity firm Thoma Bravo. In 2022, Clearlake Capital and TA Associates completed their acquisition of the company from Thoma Bravo. History Kofax was founded in 1985 as Kofax Image Products by engineers Dean Hough and David Silver, who worked together at document processing company FileNet. Silver became the company's chief executive officer and president. The company initially focused on making personal computer circuit boards to convert them into image-processing machines, and its first products were released in 1989. In the 1990s, the company continued to develop its core image processing technology. In October 1997, the company went public on the Nasdaq market ...
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Remax World Expo
The RemaxWorld Expo is an annual trade show comprising vendors from within the print consumables industry. The event began in 2007, resulting from a joint venture between the China Council for the Promotion of International Trade (CCPIT) and Recycling Times Media Corporation (RT Media). Centered in Zhuhai (Guangdong, China), widely recognized as being the print consumables capital of the world, the exhibition currently takes place in the newly constructed Zhuhai International Convention & Exhibition Center. In 2015, the show accommodated 463 exhibitors and 13,938 visitors from 83 countries. RemaxWorld Expo is the largest trade show for the print consumables industry, being a key exhibition of the Ministry of Commerce of the People's Republic of China. History RemaxWorld Expo Recycling Times (RT) Media Corporation was founded by Tony Lee and Sabrina Lo in 2006. After enlisting the services of industry veteran, David Gibbons, the company started running a small, three-day ann ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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Model M Keyboard
Model M designates a group of computer keyboards designed and manufactured by IBM starting in 1985, and later by Lexmark International, Maxi Switch, and Unicomp. The keyboard's many variations have their own distinct characteristics, with the vast majority having a buckling-spring key design and swappable keycaps. Model M keyboards have been praised by computer enthusiasts and frequent typists due to their durability and consistency, and the tactile and auditory feedback they provide. The popularity of the IBM PC and its successors made the Model M's design tremendously influential. Almost all later general-purpose computer keyboards mimicked its key layout and other aspects of its ergonomics. The layout was standardized by ISO in 1994 and ANSI in 1998, with minor additions—most notably the Windows key and Menu key. The Model M is regarded as a timeless and durable piece of hardware. Although the computers and computer peripherals produced concurrently with them are con ...
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IBM Selectric Typewriter
The IBM Selectric typewriter was a highly successful line of electric typewriters introduced by IBM on 31 July 1961. Instead of the "basket" of individual typebars that swung up to strike the ribbon and page in a typical typewriter of the period, the Selectric had an "element" (frequently called a "typeball", or less formally, a "golf ball") that rotated and pivoted to the correct position before striking the paper. The element could be easily interchanged to use different fonts within the same document typed on the same typewriter, resurrecting a capability which had been pioneered by typewriters such as the Hammond and Blickensderfer in the late 19th century. The Selectric also replaced the traditional typewriter's horizontally-moving carriage with a roller (platen) that turned to advance the paper vertically, while the typeball and ribbon mechanism moved horizontally across the paper. The Selectric mechanism was notable for using internal mechanical binary coding and two me ...
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Printer (computing)
In computing, a printer is a peripheral machine which makes a persistent representation of graphics or text, usually on paper. While most output is human-readable, bar code printers are an example of an expanded use for printers. Different types of printers include 3D printers, inkjet printers, laser printers, and thermal printers. History The first computer printer designed was a mechanically driven apparatus by Charles Babbage for his difference engine in the 19th century; however, his mechanical printer design was not built until 2000. The first patented printing mechanism for applying a marking medium to a recording medium or more particularly an electrostatic inking apparatus and a method for electrostatically depositing ink on controlled areas of a receiving medium, was in 1962 by C. R. Winston, Teletype Corporation, using continuous inkjet printing. The ink was a red stamp-pad ink manufactured by Phillips Process Company of Rochester, NY under the name Clear Prin ...
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