Lexmark International Inc. announced they have purchased two new companies, Twistage and AccessVia, for $31.5 million as they strive to become a “solutions-centric company.”
“Since 2010, lexmark has completed eight acquisitions, further advancing the company’s transition from being hardware-focused to being a leading end-to-end solutions provider,” said Paul Rooke, Lexmark’s chairman and chief executive officer. “Lexmark’s focus is on providing unique and powerful solutions to customers to help them grow their businesses by delivering industry-specific, scalable imaging and software solutions that simplify workflow and harness the power of information.”
Twistage is a San Francisco-based company offering a cloud software platform for managing video, audio and images securely in multiple formats. lexmark acquired Twistage in order to allow customers to control their media content within the business and enterprise applications.
AccessVia is a Seattle-based company that offers signage solutions for creating and producing retail materials that can be printed or published to a variety of printers, digital signs or electronic shelf tags. AccessVia currently works with over 75 retailers in 60,000 stores including Best Buy, Office Depot, Family Dollar and more.
The web-based software can be accessed through cloud or be installed on-site. Lexmark plans on adding AccessVia to their managed print services allowing businesses to design and produce in-store signage easily from their current fleet.
“With the acquisition of AccessVia, Lexmark is adding another key offering into our suite of innovative solutions for the retail marketplace,” said Marty Canning, Lexmark executive vice president and president of Imaging Solutions and Services. “Since our inception, lexmark has been a leading provider of innovative output, managed print services and workflow solutions for retailers. Today, eight out of the top 10 U.S. retailers rely on Lexmark.