Lexmark International has acquired Luxembourg-based BDGB Enterprise, the imaging and printing services provider announced today.
The acquisition has been made for a cash purchase price of about US$148 million.
This includes the acquired company's U.S. subsidiary Brainware, which is a Vista Equity Partners portfolio company. Many Global 2000 companies use Brainware's products and services and it has customers in the healthcare, manufacturing, financial services, retail, energy and technology segments. Brainware has offices in the U.S., U.K., Switzerland and Germany.
The company said that post-acquisition, Brainware will be a part of Perceptive Software, a stand-alone business unit within Lexmark.
Brainware's chief executive officer, Carl Mergele, will report directly to Scott Coons, Perceptive Software's president and chief executive officer and Lexmark vice president, Lexmark said in a statement.
"By bringing these closely aligned technologies together, Lexmark will further strengthen its unique, industry-leading end-to-end products, solutions and services with a broader range of software that enables customers to capture, manage and access information and business process workflows," the company said in its announcement.
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