Topic summary
Kofax
Extracted from the Wikipedia article Tungsten Automation.
History
On March 24, 2015, Lexmark International, Inc. and Kofax Inc. entered into a merger agreement. Lexmark acquired outstanding shares of Kofax Inc. for US$11 per share, or approximately US$1 billion. After the acquisition closed, Kofax Inc. combined with Perceptive Software, a subsidiary of Lexmark, to form an expanded business content and management software unit of their parent company. Kofax Inc. ended the 2015 fiscal year with US$297 million in revenue.