Why Lexmark Decided to Buy Kofax for Nearly $1 Billion

NEW YORK (TheStreet) -- In what it's calling the largest acquisition in its history, Lexmark International purchase of Kofax for $1 billion was done to boost its presence in the enterprise software business. "They have complementary technologies, a good customer base and deep industry expertise," said Paul Rooke, Lexmark's Chief Executive. "Their technology feeds into our core managed-print technology." Must Read: Warren Buffett's Top 10 Dividend Stocks Lexmark shares rose 6.3% in premarket trad...