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CST: 12/12/2019 05:54:57   

Kofax Announces the Closing of its Acquisition of Top Image Systems

219 Days ago

Acquisition strengthens and enhances Kofax’s Digital Capture and SaaS-based capabilities, advancing the secure cloud capabilities of its Intelligent Automation platform

IRVINE, Calif., May 06, 2019 (GLOBE NEWSWIRE) -- Kofax®, a leading supplier of Intelligent Automation software to automate and digitally transform end-to-end business operations, today announced the closing of its acquisition of Top Image Systems™ Ltd. (NASDAQ:TISA) (TIS), a global innovator of on-premise and cloud-based applications that optimize content-driven business processes. 

TIS’ on-premise and cloud-based applications automatically capture, process and deliver content across enterprise applications, transforming information entering an organization into useful and accessible electronic data, and delivering it to the relevant business system or person with minimal manual handling.

The acquisition strengthens and enhances Kofax’s Digital Capture and SaaS-based capabilities, allowing the company to further advance the secure cloud capabilities of its Intelligent Automation platform.

About Kofax
Kofax software enables organizations to Work Like Tomorrow™ – today. Kofax’s Intelligent Automation software platform helps organizations transform information-intensive business processes, reduce manual work and errors, minimize costs, and improve customer engagement. Our patented technologies lead innovation across RPA, cognitive capture, process orchestration, mobility and engagement, and analytics to ease implementations and deliver dramatic results that mitigate compliance risk and increase competitiveness, growth and profitability. Kofax provides a rapid return on investment for over 20,000 customers in financial services, insurance, government, healthcare, supply chain, business process outsourcing and other markets. Kofax delivers its software and solutions through its direct sales and services organization and more than 650 indirect channel partners and integrators in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.

© 2019 Kofax, Inc. Kofax is a registered trademark of Kofax Limited.

Media Contact:  
Amanda Ingalls
Public Relations Director  
+1 (949) 783-1595  
amanda.ingalls@kofax.com

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