Lexmark to Purchase Saperion

September 21, 2013

Will document management work as a new business focus for an old printer company? We should find out soon enough; BusinessLexington reports, “Lexmark Announces Plans to Buy European Software Company Saperion for $72 Million.” The move is expected to expand Lexmark’s data management capabilities; it is probably a wise shift as the transition away from paper records continues. The write-up tells us:

“The purchase is another in a line of acquisitions aimed at transitioning Lexmark from a company that makes printers to a document management company, leaning heavily on software to store and deliver documents without the use of paper except when necessary.

“In addition to having a multilingual structure, Saperion’s platform can integrate with all major business software known as enterprise resource planning (ERP) as well as email and document management systems. Saperion has also developed cloud-based and mobile solutions to provide access to content, even when those trying to access documents are away from their offices.”

Saperion brings along a roster of clients from mid-sized businesses to global enterprises. The new addition would report to another acquired division, Perceptive Software, which Lexmark snapped up last year. I fact, Lexmark has been on a spending spree recently. The Perceptive deal was announced at the same time as the company’s acquisition of Nolij, and this past march it bought up Twistage and AccessVia. It looks like Lexmark is fully committed to adapting to market changes through acquisitions. Will it pay off?

Founded in 1991, Lexmark is headquartered in Lexington, Kentucky. The company stresses that its background in printing uniquely qualifies it to handle unstructured data. Saperion is headquartered in Berlin, Germany, has been helping clients digitize records since 1985. That business likes to focus on simplicity and efficiency, and serves organizations in a range of fields.

Cynthia Murrell, September 21, 2013

Sponsored by ArnoldIT.com, developer of Augmentext

Written by Stephen E. Arnold · Filed Under Acquisition, News

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.