Kofax has completed the acquisition of Ephesoft for an undisclosed fee.
With global coverage and cloud solutions, the combined company will provide organisations with value-add solutions to accelerate deployments.
“This acquisition extends our intelligent document processing (IDP) solutions and cloud capabilities, allowing Kofax to better address the needs of customers around the world,” said Reynolds C Bish, Chief Executive Officer of Kofax (top).
“Kofax will enhance Ephesoft’s go-to-market reach and ability to scale the business. Our customers will also benefit from Kofax’s larger market reach, and together we’ll be able to offer them the broadest range of software and solutions to accelerate their digital workflow transformation journeys,” said Ike Kavas, Founder and Chief Executive Officer of Ephesoft, who will continue to lead Ephesoft’s organisational efforts.
Following the acqusition, Kofax will continue supporting Ephesoft’s products and customers.