|Definition||:||belived to be originated from “Lexington Marketing”|
|Category||:||Business » Companies & Corporations|
What does Lexmark mean?
Lexmark is a company that develops and manufactures printing and imaging products, including laser and inkjet printers. Lexmark is headquartered in Lexington, Kentucky, United States. Lexmark was formed in 1991 when IBM divested a number of its hardware manufacturing operations, including printer and printer supply operations, to the investment firm Clayton, Dubilier & Rice, Inc. in a leveraged buyout. The main production facility for this business segment was in Lexington, Kentucky, and the code name for the spinoff was Lexington Marketing.