discussions began at the Remax World Expo in 2015.

After closing the deal in November, the firm stated that it would maintain its headquarters in Lexington, and that its enterprise software line of business would be spun off and "rebranded" to Kofax. As part of the sale, the Perceptive business unit of Lexmark's Enterprise Software Services division was sold to the private equity firm Thoma Bravo (excluding non-Kofax branded document