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. Clayton & Dubilier completed this buyout by 27th March 1991, subsequently forming Lexmark International.
Due to the subsidiary's short existence, only a handful of products were designed and produced by them before they became Lexmark.