#Bis advance clover efi software

PAG was founded in 2002 and claims it has grown to become one of AsiaвЂ™s largest independent alternative investment management groups, with US$15 billion in capital under management and a team of over 380 employees. PAGвЂ™s financing participation in the deal is from its private equity unit, PAG Asia Capital (PAGAC), a group the company states focuses on large-scale buyouts, control deals, and structured minority investments. Wrap your head around that for a minute вЂ¦ will the Static Control legal department now have to defend the Lexmark вЂњReturnвЂќ program against aftermarket companies? We will have to buy a new Magic 8 Ball to fathom the implications of this deal ( Ask again later). So, yes вЂ¦ Lexmark and Static Control are now part of the same company. tech assets, including getting regulatory approval. LenovoвЂ™s presence in the deal, via Legend, brings with it experience in successfully closing deals for U.S. The Wall Street Journal, in its story about the buyout, explained that ChinaвЂ™s state-owned fund tasked with boosting the countryвЂ™s semiconductor industry invested $80 million into Apex last year. Apex is known largely as a fast-growing, major supplier of cartridge chips to Asian aftermarket supplies producers, and for its acquisition of aftermarket technology leader Static Control for about $60M last year. Besides being a huge ink and toner supplies maker, Zhuhai Seine is also the manufacturer of the Pantum brand of low-cost laser printers/MFPs, which were introduced several years ago but donвЂ™t appear to have generated much market momentum in the U.S. is the largest shareholder of Apex, holding about 70 percent of the voting shares of Apex. Aftermarket supplies maker Zhuhai Seine Technology Co.

#Bis advance clover efi software

In another surprise, the Apex deal includes buying Lexmark intact вЂ“ including its attractive Enterprise Software unit (that includes Kofax, acquired last year) вЂ“ which the company has been shopping around for several months.ДЄpex, based in Zhuhai, Guangdong, China, is reported to have about 5,400 employees and sales of RMB2.05B. The $3.6B all-cash deal means Lexmark shareholders will get $40.50 for each share, representing a premium of 16.8 percent to the April 19 close of $34.66. At the same time there were also reports that Lenovo expressed interest in acquiring Lexmark, a move that would reunite two substantial ex-IBM divisions under Chinese ownership.Д«ut indeed, LexmarkвЂ™s Board of Directors announced on April 19 that the company had agreed to a buyout from a consortium of purchasers including Apex and PAG Asia Capital (self-described as вЂњone of AsiaвЂ™s largest alternative investment management firms,вЂќ) and additional participation from Legend Capital Management (read the press release here.) The Wall Street Journal notes that Legend Capital, an associate of LenovoвЂ™s biggest shareholder Legend Holding, is also part of the buying consortium. The reports were discounted by many in the printing/imaging industry because the move was seen as an odd fit вЂ“ a major printer hardware OEM being acquired by a company known principally for producing components for aftermarket ink and toner makers. Rumors suggesting that Lexmark was being pursued by Apex Technology Co., the same company that bought Lexmark archenemy Static Control last year, have percolated since April 7 from numerous sources.