Management struggled with transitioning commoditized print business.
Lexmark understood that it needed to avoid becoming the next Kodak. They had a great vision and strategy to transition the business from a commoditized print company with legacy technology into a solutions based software, services, and hardware company.
They spent hundreds of millions buying and integrating new software companies grouped under the - more... Perceptive brand. Unfortunately, the senior executive team spent too much time jockeying for personal positions in the company – management failed to execute the integration plan!
The new owners of the print business (Apex) will continue driv ... - less
ProsLots of great people and products
ConsLegacy print business is in death spiral.