Lexmark International, Inc. can into being in 1991 after IBM let go of some of its operations, including printing and printer supply operations. Currently, the company is headquartered in Lexington, Kentucky, USA and specializes in the manufacture of various imaging products and laser printers. Lexmark has created a global presence for its products with R&D facilities located in the Philippines, India, Germany, Sweden, and other location within the US. Besides that, the company also has regional offices in Asia, Europe, North and South America, and Africa. Their portfolio consists of printers, toners, scanners, enterprise output management systems, managed print services, document management systems, business process management, and other products and services.