Business Process Automation Featured Article
Lexmark Signs Agreement to Acquire Saperion AG
Lexmark International (News - Alert), Inc. recently announced that it is all set to acquire Saperion AG, a German developer and provider of enterprise content management (ECM) and business process management (BPM) software, for a cash purchase price of approximately $72 million.
Saperion claims to offer products that target three core issues present at many corporations: process optimization, legal compliance and security, and integration of information. The company develops cloud-based and mobile ECM solutions to provide workers easy and intuitive access to important content, even when they are away from the office. Saperion serves various reputed companies such as Schindler, E.ON, Fleurop, Henkel, Lufthansa, Vodafone (News - Alert), Daimler and Siemens with corporate-wide rollouts.
Lexmark is a provider of printing and imaging products, software, solutions and services that help customers save time and money. Founded in 1991, the company serves businesses of all sizes in over 170 countries. Acquisition of Perceptive Software and seven of its companies expands Lexmark’s offerings into a suite of hardware, software and services that provide comprehensive content, process and output solutions.
"Lexmark continues to deepen and expand its content and process capabilities and solutions, which in turn improves our ability to help our customers manage their unstructured information challenges," said Paul Rooke, Lexmark's chairman and chief executive officer. "Upon closing, Saperion will be the latest software acquisition that strengthens Lexmark's transition from being a global leader in imaging and output technology to one that offers enterprises end-to-end solutions."
"The Saperion team has built strong process and content management technologies, including mobile and cloud ECM solutions, that are used by mid-size and enterprise organizations throughout Europe," said Scott Coons, Perceptive Software president and chief executive officer and Lexmark vice president. "Saperion will join Perceptive's global team of process and content management experts, while its leadership in the European market will further strengthen Perceptive's global footprint."
According to Herbert Lorch, chief executive officer of Saperion, "Collaboration with Perceptive will open new markets for Saperion. We will be able to offer and support our solutions in regions where we were previously not represented. Our customers will benefit from our expanded international presence and globally active companies will receive even greater support around the world."
Edited by Ryan Sartor