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One of IBM’s first typewriters, 1956

Posted on July 23, 2014 | in Uncategorized | by
One of the first typewriters produced at the IBM plant on Newtown Pike in Lexington underwent a final inspection in December 1956. For over 30 years IBM was Lexmark's industrial forerunner until 1990 when the New York investment firm Clayton & Dubilier bought at least 80 percent of IBM's information products division. The resulting company was christened Lexmark, and there's a common misconception that the name is in honor of Lexington. Not so: "Lex" was inspired by "lexicon," with "mark" meaning marks on paper.

One of the first typewriters produced at the IBM plant on Newtown Pike in Lexington underwent a final inspection in December 1956. For more than 30 years, IBM was Lexmark’s industrial forerunner until 1990, when the New York investment firm Clayton & Dubilier bought at least 80 percent of IBM’s information products division. The resulting company was christened Lexmark, and there’s a common misconception that the name is in honor of Lexington. Not so: “Lex” was inspired by “lexicon,” with “mark” meaning marks on paper.

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