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Lexmark International, Inc. was formed in March of 1991 when IBM sold its Information Products division to the investment firm of Clayton & Dubilier. At the time, the Information Products division produced printers and typewriters, including IBM's highly successful Selectric typewriter.

References:

New York Times: The Executive Computer; Can I.B.M. Learn From a Unit It Freed?

Smart Computing: Lexmark

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11y ago
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14y ago

IBM sold a majority stake in its printing division to the Japanese company Ricoh.

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12y ago

Lenovo

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