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Lexmark is an American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 corporation
Corporation

A corporation is a legal entity separate from the persons that form it. It is a legal entity owned by individual stockholders. In British tradition it is the term designating a body corporate, where it can be either a corporation sole or a corporation aggregate ....
 which develops and manufactures printing and imaging solutions, including laser and inkjet printers, multifunction products, printing supplies, and services for business and individual consumers. The company is headquartered in Lexington, Kentucky
Lexington, Kentucky

Lexington is the second-largest city in Kentucky and the List of United States cities by population in the United States. Known as the "Thoroughbred City" and the "Horse Capital of the World," it is located in the heart of Kentucky's Bluegrass region....
.

History
In March of 1991, IBM
IBM

International Business Machines Corporation, abbreviated IBM and nicknamed "Big Blue" , is a multinational corporation computer technology and consulting corporation headquartered in Armonk, New York, New York, United States....
 divested a number of its hardware manufacturing operations to the investment firm Clayton & Dubilier, Inc.






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Encyclopedia


Lexmark is an American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 corporation
Corporation

A corporation is a legal entity separate from the persons that form it. It is a legal entity owned by individual stockholders. In British tradition it is the term designating a body corporate, where it can be either a corporation sole or a corporation aggregate ....
 which develops and manufactures printing and imaging solutions, including laser and inkjet printers, multifunction products, printing supplies, and services for business and individual consumers. The company is headquartered in Lexington, Kentucky
Lexington, Kentucky

Lexington is the second-largest city in Kentucky and the List of United States cities by population in the United States. Known as the "Thoroughbred City" and the "Horse Capital of the World," it is located in the heart of Kentucky's Bluegrass region....
.

History


In March of 1991, IBM
IBM

International Business Machines Corporation, abbreviated IBM and nicknamed "Big Blue" , is a multinational corporation computer technology and consulting corporation headquartered in Armonk, New York, New York, United States....
 divested a number of its hardware manufacturing operations to the investment firm Clayton & Dubilier, Inc. in a leveraged buyout to form Lexmark International, Inc. Lexmark became a publicly traded company in 1995.

Operations


The firm's corporate and R&D
Research and development

The phrase research and development , according to the Organization for Economic Co-operation and Development, refers to "creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of knowledge to devise new applications [sic]" ...
 offices are located at the headquarters in Lexington
Lexington, Kentucky

Lexington is the second-largest city in Kentucky and the List of United States cities by population in the United States. Known as the "Thoroughbred City" and the "Horse Capital of the World," it is located in the heart of Kentucky's Bluegrass region....
, Kentucky
Kentucky

The Commonwealth of Kentucky is a U.S. state located in the East Central United States of America. Kentucky is normally included in the group of Southern United States , but it is uncommonly included, geographically and culturally, in the Midwestern United States....
, United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
. Lexmark has offices throughout North and South America, Asia, Africa and Europe. The company has more than 13,000 employees worldwide. Lexmark is a Fortune 500
Fortune 500

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 United States public corporations as measured by their gross revenue, although Fortune makes adjustments to the revenue for a number of companies, particularly to exclude the impact of excise taxes companies collect....
 company and had $5.22 billion in revenues in 2005. In addition to manufacturing hardware under their own name, Lexmark also does third party development of printers for other major companies, such as Dell
Dell

Dell, Inc. is a multinational corporation technology corporation that develops, manufactures, sells, and supports personal computers and other computer-related products....
.

Products

Lexmark specializes in printers and printer accessories. Its current range of products includes color and monochrome laser printer
Laser printer

A laser printer is a common type of computer printer that rapidly produces high quality text and graphics on plain paper. As with digital photocopiers and multifunction printers , laser printers employ a Xerography printing process but differ from analog photocopiers in that the image is produced by the direct scanning of a laser beam acros...
s, inkjet printer
Inkjet printer

File:Canon BJ-10v Lite inkjet printer with Scale.JPGInkjet printers operate by propelling variably-sized droplets of liquid or molten material onto almost any sized page....
s both of which may include scanners (including all-in-one devices and photo printer
Photo printer

A photo printer is a computer printer that is specifically designed to print high quality digital photos on photo paper. These printers usually have a very high number of nozzles and are capable of printing droplets as small as 1 picoliter....
s), and dot matrix
Dot matrix printer

A dot matrix printer or impact matrix printer is a type of computer printer with a print head that runs back and forth, or in an up and down motion, on the page and prints by impact, striking an ink-soaked cloth ribbon against the paper, much like a typewriter....
 printers. Lexmark was one of the first companies to release affordable wifi
WIFI

WIFI is a radio station broadcasting a Variety radio format. Licensed to Florence, New Jersey, USA. The station is currently owned by Forsythe Broadcasting....
 inkjet printer
Inkjet printer

File:Canon BJ-10v Lite inkjet printer with Scale.JPGInkjet printers operate by propelling variably-sized droplets of liquid or molten material onto almost any sized page....
s. They also offer a wide variety of laser printers for more professional printing.

Legal Cases

A court victory in 2005 was handed to Lexmark in the case of ACRA v. Lexmark
Arizona Cartridge Remanufacturers Association Inc. v. Lexmark International Inc.

Arizona Cartridge Remanufacturers Association Inc. v. Lexmark International Inc. was a decision by the United States Court of Appeals for the Ninth Circuit which ruled that an Software license agreement on a physical box can be binding on consumers who signal their acceptance of the license agreement by opening the box....
. This case states that Lexmark can enforce the “single use only” policy written on the side of Lexmark printer cartridge boxes sold to certain large customers at a discount, with the understanding that the customers will return the cartridges to Lexmark after using them. This means that these customers can face lawsuits if they breach the agreements, and do not return the cartridges. Also in 2005, Lexmark suffered a legal defeat in the case of Lexmark Int'l v. Static Control Components
Lexmark Int'l v. Static Control Components

Lexmark International, Inc. v. Static Control Components, Inc., 387 F.3d 522 , was an American legal case involving the computer printer company Lexmark, which had locked its printers using a microcontroller so that only authorized toner cartridges could be used....
, when the US Supreme Court
Supreme Court of the United States

The Supreme Court of the United States is the highest judicial body in the United States, and leads the federal United States federal courts. It consists of the Chief Justice of the United States and eight Associate Justice of the Supreme Court of the United States, who are nominated by the President of the United States and confirmed with th...
 rejected Lexmark's petition for a writ of certiorari, thereby rejecting their attempt to have the Court hear their case.

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