Leading the pack among the acquisitions is Kansas-based Perceptive Software, which Lexmark acquired in 2010. Perceptive is building a new headquarters in Lenexa, Kan., that will be double the size of its current building and will feature a dodgeball court.
Perceptive Software Division President and CEO Scott Coons said in a recent interview with Document Boss, a technology mergers and acquisitions company, that his company's knowledge of health care gives its clients "the most comprehensive view of unstructured information available from any vendor in the world."
In August, Lexmark announced its $72 million purchase of the German company Saperion AG, a developer and provider of enterprise content management and business process management software with customers including energy company E.ON, Lufthansa, Vodafone, Daimler and Siemens. E.ON'sUnited States subsidiary had operated Kentucky Utilities and Louisville Gas & Electric before selling them in 2010.
In 2012, Lexmark acquired ISYS Search Software, based in Australia; U.S. based-Nolij Corp; and Luxembourg-based Brainware.
In addition to Saperion, so far in 2013 it has purchased Twistage, a San Franciso-based company with a cloud software platform for managing video, audio and image content; Seattle-based AccessVia, which has software that prints on-demand in stores on printers, multifunction products or handheld devices in the aisle or in production facilities; and Acuo Technologies of Minneapolis, a leader in clinical management software and the medical imaging industry.
The business journal Smart Company in 2012 wrote about Lexmark, after it announced it would stop making ink jet printers, noting that other companies were adapting to new market conditions by stepping away from long-established product lines.
The examples cited by Smart Company: IBM, which moved away from personal computers and into software services and other hardware acquisition; Kodak, which ditched film production and moved into digital photography; and Apple, which turned itself around with portable devices such as the iPod.
Rooke, who started with Lexmark as a manufacturing engineer in Texas, is a faith-oriented grandfather who espouses work-life balance. He became head of Lexmark in 2011 after Paul Curlander retired.
"It's an exciting time for Lexmark," he said. "We're building a new Lexmark."
Despite its global reach, Rooke said that Lexmark is firmly entrenched in Lexington. He cites Lexmark's ever-evolving North Lexington campus, most recently the site of a new health care clinic for employees and an elaborately designed child care center for the children and grandchildren of employees.
Although the center provides luxurious child care, it has another focus. The classrooms feature science-themed materials such as kid-size microscopes, a science, math and technology lab for tots who might work at Lexmark in a few decades' time.
"Lexington is one of our largest sites, and I expect it to remain one of our largest sites," Rooke said.
Boyd, the analyst, praises Lexmark for its bold steps into areas where other printer companies have not ventured.
Lexmark realized that it needed to control workflow, Boyd said, "to complete an end-to-end business process."
Lexmark around the World
170: Products sold in more than 170 countries.
70: Sales offices in more than countries.
3: Manufacturing control centers on three continents.
2,300: Employees in Lexington.
Cheryl Truman: (859) 231-3202. Twitter: @CherylTruman.
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