Dinsmore Leads Lexmark In $280M Perceptive Deal

Law360, New York (May 21, 2010, 6:52 PM EDT) -- Printer powerhouse and paper document specialist Lexmark International Inc. said Friday it was expanding into the paperless work flow realm, snapping up Perceptive Software Inc. in a $280 million cash transaction.

A well-established enterprise content management software provider, Perceptive is “a core strategic component for Lexmark’s future” and instantly complements its paper-based document solutions with parallel software operations for digital content management.

“This acquisition enables Lexmark to immediately participate in the adjacent, growing market segment of ECM software solutions,” the company said. “It also provides additional,...
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