Lexmark Acquires AccessVia and Twistage for $31.5M

Continuing a string of acquisitions it began in 2010, Lexmark has purchased in-store signage solution provider AccessVia and video, audio and image content manager Twistage for a combined total of approximately $31.5 million.

"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 Lexmark chairman and CEO Paul Rooke in a statement, adding that the company's focus is "delivering industry-specific, scalable imaging and software solutions that simplify workflow and harness the power of information."

AccessVia software prints shelf-edge and other signage on-demand in stores on both stationary and mobile printers, or centrally in high-speed production print facilities. Its technology allows customers that include Best Buy, Office Depot, Safeway, Family Dollar and El Corte Ingles to publish digital shelf signs, large digital displays or electronic shelf labels.

"Combining AccessVia's publishing platform with Lexmark's industry expertise allows us to deliver more powerful and compelling end-to-end solutions to our customers in their distributed retail environment," said AccessVia CEO Dean Sleeper.

Twistage offers a cloud software platform for managing video, audio and image content, enabling customers to ingest rich media in virtually any format, manage and deliver content both within and outside network firewalls.

"Twistage technology is a powerful addition to Perceptive Software process and content management solutions, giving our customers the ability to capture, manage and deliver their rich media content in the context of their business processes," said Scott Coons, president and CEO of Perceptive Software and Lexmark vice president.

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