IBM Information Products Corporation
- Updated 11 August 2024
Contents
Background
The IBM Information Products Corporation was an IBM subsidiary founded in August 1990 as a means to sell its US-based typewriter, keyboard and some printer businesses to New York-based investment firm Clayton & Dubilier. It mainly consisted of IBM's information products businesses in Lexington, Kentucky and Boulder, Colorado. At the time of its formation, IBM was expecting the company to have a workforce of 3,500 to 4,000 employees and published reports of the time estimated that a buyout of these businesses could cost about $2.5 billion[1][1]
Los Angeles Times - IBM Planning to Set Up New Subsidiary : Industry: A buyout firm will be the majority owner of its typewriter and keyboard operations [accessed 2021-07-15].. Clayton & Dubilier completed this buyout by 27th March 1991, subsequently forming Lexmark International[2][2]
US Customs and Border Protection - CROSS Ruling 544887 [accessed 2021-07-15]..
Products
Due to the subsidiary's short existence, only a handful of products were designed and produced by them before they became Lexmark.
| Name | Production | Details |
|---|---|---|
| Model M3 PS/2 L40SX Numeric Keypad | 1991 | Numeric keypad for IBM PS/2 L40SX laptop |
- Los Angeles Times - IBM Planning to Set Up New Subsidiary : Industry: A buyout firm will be the majority owner of its typewriter and keyboard operations [accessed 2021-07-15].
- US Customs and Border Protection - CROSS Ruling 544887 [accessed 2021-07-15].
