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Lexmark doubles down on software

As part of a five-year shift away from shipping printers into a higher-value software business, Lexmark has now inked a baker's dozen of deals. The company's latest transaction – the $1bn reach for Kofax – is its largest yet, doubling not only its M&A spending but also the size of its software unit.


Brenon Daly

Research Director, Financials