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Kofax
Kofax Inc. is an Irvine, California-based intelligent automation software provider. Founded in 1985, the company's software allows businesses to automate and improve business workflows by simplifying the handling of data and documents. Since 2017, the company has been an independent portfolio company owned by private equity firm Thoma Bravo. In 2022, Clearlake Capital and TA Associates completed their acquisition of the company from Thoma Bravo. History Kofax was founded in 1985 as Kofax Image Products by engineers Dean Hough and David Silver, who worked together at document processing company FileNet. Silver became the company's chief executive officer and president. The company initially focused on making personal computer circuit boards to convert them into image-processing machines, and its first products were released in 1989. In the 1990s, the company continued to develop its core image processing technology. In October 1997, the company went public on the Nasdaq market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lexmark
Lexmark International, Inc. is a privately held American company that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky. Since 2016 it has been jointly owned by a consortium of three multinational companies: Apex Technology, PAG Asia Capital, and Legend Capital. History Lexmark was formed on March 27, 1991 when investment firm Clayton & Dubilier completed a leveraged buyout of IBM Information Products Corporation, the printer, typewriter, and keyboard operations of IBM. Lexmark became a publicly traded company on the New York Stock Exchange on November 15, 1995. By 2016, the company struggled to keep corporate clients that are cutting costs and the consumers who are shifting to mobile devices from personal computers. It was reported in April 2016 that Lexmark would be acquired by Apex Technology and PAG Asia Capital for US$3.6 billion. Lexmark was set to be acquired at $40.50 per share in the transaction. Initial talks for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perceptive Software
Perceptive Software is a business unit of Hyland Software, Inc. Hyland announced itacquisition of Perceptivein July 2017. History The company was founded in 1988 as Genesis Software and initially produced accounts payable software applications. The name changed to Perceptive Vision in 1995, when the company's focus shifted to document management, imaging and workflow and its flagship product, ImageNow. The company became Perceptive Software in 2004 and was acquired by Lexmark International in 2010 for $280 million. Perceptive Software is one of the top 10 providers of ECM software technology in the world. In 2011, Lexmark purchased the Netherlands-based Pallas Athena in a cash transaction valued at approximately $50.2 million. The Dutch company became part of Perceptive Software. In March 2012, Lexmark International acquired Australia-based ISYS Search Software for $32 million and U.S.-based Nolij Corporation for $32 million. ISYS builds enterprise search solutions, and Nol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ReadSoft
ReadSoft was a global provider of applications for automating business processes. ReadSoft was founded by two university students in Linköping, Sweden, in 1991. The company was headquartered in Helsingborg, Sweden and its shares were traded on the NASDAQ OMX – Stockholm Small Cap list. ReadSoft had operations in 17 countries and a partner network in an additional 70 nations. In July 2017, private equity and growth capital firm Thoma Bravo acquired and combined ReadSoft, Kofax, and Perceptive Software into an independent portfolio company named Kofax. Company operations ReadSoft’s specialties included accounts payable automation, accounts receivable automation, sales order processing, and digital mailroom solutions. According to the company, ReadSoft’s on-premises and cloud solutions for document process automation enable some of the world’s largest corporations as well as small and medium businesses to compete and thrive in today’s environment by improving customer an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OmniPage
OmniPage is an optical character recognition (OCR) application available from Kofax Incorporated. OmniPage was one of the first OCR programs to run on personal computers. It was developed in the late 1980s and sold by Caere Corporation, a company headed by Robert Noyce. The original developers were Philip Bernzott, John Dilworth, David George, Bryan Higgins, and Jeremy Knight. Caere was acquired by ScanSoft in 2000. ScanSoft acquired Nuance Communications in 2005, and took over its name. By 2019 OmniPage had been sold to Kofax Kofax Inc. is an Irvine, California-based intelligent automation software provider. Founded in 1985, the company's software allows businesses to automate and improve business workflows by simplifying the handling of data and documents. Since 20 ... Inc. OmniPage supports more than 120 different languages. References External links * * * Nuance software Optical character recognition software {{software-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PaperPort
PaperPort is commercial document management software published by Kofax, used for working with scanned documents. It uses a built-in optical character recognition to create files in searchable Portable Document Format (PDF); text in these files is indexed and can be searched for with appropriate software, such as Microsoft's Windows Search. Earlier versions of PaperPort used OmniPage to provide this function. It provides image editing tools for these files. PaperPort allows scanned documents to be separated into individual pages, and reassembled into new PDF files. Originally, PaperPort created files in .MAX file format natively, but later versions use PDF. Versions of PaperPort from V14 cannot edit .MAX files, but they can be converted to PDF, which can be edited. PaperPort only supports Windows and iOS. An open-source program called Paperman provides basic functionality for Linux (and has been partially ported to Mac OS). History Visioneer Visioneer, Inc. is a privately ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Softpro
The Softpro Group was a specialized vendor in the niche of systems for capture and verification of handwritten signatures - one segment of Biometrics. Kofax plc acquired Softpro on September 1, 2014. The company is based in Böblingen, Germany with local subsidiaries in North America (Bear, Delaware), the United Kingdom (London), Asia-Pacific (Singapore, India (Chennai and Latin America (Chile). The group employs an international staff of 70 people. Products Softpro has two major product segments: the "eSign Workflow" and "Fraud Prevention Solutions" The "eSign Workflow" product line provides solutions for securing the authenticity and integrity of documents within electronic processes, such as those required for legal contracts. For this purpose, a unique signature technology is used to extract and evaluate both the static and dynamic (biometric) characteristics of handwritten signatures. * Software Development Kit SignWare * Document Security Software SignDoc * Signature C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irvine, California
Irvine () is a Planned community, master-planned city in South Orange County, California, United States, in the Los Angeles metropolitan area. The Irvine Company started developing the area in the 1960s and the city was formally incorporated on December 28, 1971. The city had a population of 307,670 at the 2020 United States Census, 2020 census. A number of corporations, particularly in the technology and semiconductor sectors, have their national or international headquarters in Irvine. Irvine is also home to several higher education institutions including the University of California, Irvine (UCI), Concordia University Irvine, Concordia University, Irvine Valley College, the Orange County Center of the University of Southern California (USC), and campuses of California State University Fullerton (CSUF), University of La Verne, and Pepperdine University. History The Gabrieleño indigenous group inhabited Irvine about 2,000 years ago. Gaspar de Portolà, a Spanish explorer, cam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xerox
Xerox Holdings Corporation (; also known simply as Xerox) is an American corporation that sells print and electronic document, digital document products and services in more than 160 countries. Xerox is headquartered in Norwalk, Connecticut (having moved from Stamford, Connecticut, in October 2007), though it is incorporated in New York (state), New York with its largest population of employees based around Rochester, New York, the area in which the company was founded. The company purchased Affiliated Computer Services for $6.4 billion in early 2010. As a large developed company, it is consistently placed in the list of Fortune 500 companies. On December 31, 2016, Xerox separated its business process service operations, essentially those operations acquired with the purchase of Affiliated Computer Services, into a new publicly traded company, Conduent. Xerox focuses on its document technology and document outsourcing business, and traded on the NYSE from 1961 to 2021, and the N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Artificial Intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech recognition, computer vision, translation between (natural) languages, as well as other mappings of inputs. The ''Oxford English Dictionary'' of Oxford University Press defines artificial intelligence as: the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages. AI applications include advanced web search engines (e.g., Google), recommendation systems (used by YouTube, Amazon and Netflix), understanding human speech (such as Siri and Alexa), self-driving cars (e.g., Tesla), automated decision-making and competing at the highest level in strategic game systems (such as chess and Go). ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuance Communications
Nuance Communications, Inc. is an American multinational computer software technology corporation, headquartered in Burlington, Massachusetts, that markets speech recognition and artificial intelligence software. Nuance merged with its competitor in the commercial large-scale speech application business, ScanSoft, in October 2005. ScanSoft was a Xerox spin-off that was bought in 1999 by Visioneer, a hardware and software scanner company, which adopted ScanSoft as the new merged company name. The original ScanSoft had its roots in Kurzweil Computer Products. In April 2021, Microsoft announced it would buy Nuance Communications. The deal is an all-cash transaction of $19.7 billion, including company debt, or $56 per share. The acquisition was completed in March 2022. History The company that would become Nuance was incorporated in 1992 as Visioneer. In 1999, Visioneer acquired ScanSoft, Inc. (SSFT), and the combined company became known as ScanSoft. In September 2005, ScanSof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Growth Capital
Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business. Companies that seek growth capital will often do so to finance a transformational event in their lifecycle. These companies are likely to be more mature than venture capital funded companies, able to generate revenue and profit but unable to generate sufficient cash to fund major expansions, acquisitions or other investments. Because of this lack of scale, these companies generally can find few alternative conduits to secure capital for growth, so access to growth equity can be critical to pursue necessary facility expansion, sales and marketing initiatives, equipment purchases, and new product development. Growth capital can also be used to effect a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
