Add-on Acquisition • Information Technology

Lexmark International Acquires PACSGEAR

On October 4, 2013, Lexmark International acquired information technology company PACSGEAR for 54M USD

Acquisition Context
  • This is Lexmark International’s 1st transaction in the Information Technology sector.
  • This is Lexmark International’s 5th largest (disclosed) transaction.
  • This is Lexmark International’s 7th transaction in the United States.
  • This is Lexmark International’s 3rd transaction in California.

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M&A Deal Summary

Date October 4, 2013
Target PACSGEAR
Sector Information Technology
Buyer(s) Lexmark International
Deal Type Add-on Acquisition
Deal Value 54M USD

Target Company

PACSGEAR

Pleasanton, California, United States
PACSGEAR is a provider of connectivity solutions for healthcare providers to capture, manage and share medical images and related documents and integrate them with existing picture archiving and communication systems (PACS) and electronic medical records (EMR) systems.
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Buyer Overview 1

Buyer

Lexmark International

Lexington, Kentucky, United States

Category Company
Founded 1990
Sector Technology Hardware
Revenue 3.6B USD (2015)
DESCRIPTION

Lexmark International is a manufacturer and supplier of printing, imaging, device management, managed print services (MPS), document workflow, and business process and content management solutions. Lexmark International was founded in 1990 and is based in Lexington, Kentucky.


Deal Context for Buyer #
Overall 9 of 11
Sector: Information Technology 1 of 2
Type: Add-on Acquisition 9 of 11
State: California 3 of 4
Country: United States 7 of 8
Year: 2013 4 of 4
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-20 Saperion AG

Berlin, Germany

Saperion AG offers integrated Enterprise Content Management (ECM) and Business Process Management (BPM) applications. SAPERION is focused on delivering compliance software solutions at an industry-leading Total Cost of Ownership which combine archiving, document management and BPM solutions. Saperion was formed in 1985 and is based in Berlin, Germany.

Buy $72M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Claron Technology

Toronto, Ontario, Canada

Claron offers a web-based medical image viewing platform that allows doctors to view patient imaging studies.

Buy $37M