Home
Monday, 12 September 2016 22:23

Based on ECD Deal, what is Lexmark ES Worth?

Written by
Big day today for M&A in the enterprise content management (ECM) space. No less than three significant announcements: Open Text announces plans to buy EMC's Enterprise Content Division (ECD) for $1.62B or 2.7x ECD's fiscal '15 revenue of $599M. Apparently Bloomberg News is reporting that Apex Technology Co. and PAG Asia Capital, which in April announced plans to acquire Lexmark, "are in talks with a number of private equity firms about a sale of [Lexmark Enterprise Software (ES)]." Finally, HP announced plans to buy Samsung's printer business for $1.05B. Not that this last item is insignificant, but, despite some recent efforts, Samsung had yet to emerge as a real factor in the ECM/document capture space. So, in this post, we'll focus on the significance of those first two announcements. ECD had been rumored to be for sale since it was first announced that Dell was planning to acquire EMC. There…
Monday, 01 August 2016 20:49

Lexmark ES Rebounds in Q2

Written by
Lexmark's Q2 results for its Enterprise Software (ES) division do not appear to be terrible. On Friday, the Lexington, KY-based MFP vendor announced its Q2 2016 results, and while overall earnings were disappointing, ES seemed to have rebounded from a very disappointing Q1. For Q2, Lexmark reported ES revenue of $167M, which represented an 11% YOY increase. But, before you get too excited, Q2 2015 only contained about a month and a half worth of Kofax revenue, as Lexmark's acquisition of the capture market software leader closed in mid-May last year. In the first complete quarter of Kofax revenue (Q3 2015), Lexmark reported ES revenue of $165M. Of course, immediately upon announcing its Q3 numbers last year, Lexmark announced it was looking at selling either the whole or parts of its company, which sent the ES business into a bit of a tailspin. Things bottomed out in Q1 of this…
Tuesday, 03 May 2016 00:00

Change at the Top for Kodak Alaris

Written by
A week after announcing a restructuring of the sales management team at Kodak Alaris Information Management (IM), Kodak Alaris announced it is looking for a new CEO. In an announcement we received today, Kodak Alaris states, "To better position ourselves to achieve our long term growth plans, the Kodak Alaris Holdings Ltd. Board of Directors decided the time is right to initiate a search for a new CEO." Effective May 1, Ralf Gerbershagen, who was named CEO of Kodak Alaris in 2014, has stepped down. According to statement DIR received from Kodak Alaris: "Today’s announcement is about looking forward. This was not a performance based decision but more an assessment of the future leadership needs of Kodak Alaris. The Board felt this represented the ideal time to begin the new search for a CEO. [Gerbershagen] leaves the company better positioned than when he arrived and with our best wishes for…
Page 1 of 164

 

 

Featured Premium DIR Articles

About Me

Editor/Publisher of a business and marketing newsletter focused on the maturing document capture and imaging industry.

DIR Free Premium Trial

Sponsor

Upcoming Events

 Harvey Spencer Associates Capture 2016: Sept. 7-8, Glen Cove, NY

Square 9 Encompass 2016: Oct. 11-13, Clearwater Beach, FL

Ephesoft Innovate16: Irvine, CA, Oct. 16-19

IOFM AP & P2P Fall Conference and Expo: October 24 - 26, 2016 | Caesars Palace | Las Vegas

 

 

 

 

 

Contributed Content

Contributed Press Releases

Contributed PDF Content

(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','https://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-1501216-5', 'auto'); ga('send', 'pageview');