Lexmark in Midst of Major Change

Lexmark International’s decision earlier this year to shutter its inkjet printer operations and lay off 550 Lexington workers might have surprised some, but it was mounting evidence of a business in transition. For the past several years, the Lexington-based printer maker has been in the midst of changing strategies and made five key acquisitions since 2010 designed to take the company further from its roots only in printers and more into computer software and services.