An update to our previous discussion Ralph: Yesterday, it was announced that a law firm focused on shareholder rights, Johnson and Weaver, is investigating whether the Kofax board truly maximized the value of the company by accepting the $1B bid from Lexmark. Is this anything to
On Tuesday, March 24, after the close of the markets, a shockwave was sent throughout the document capture and information management markets. Kofax, the leader in enterprise capture software, announced that Lexmark had agreed to pay $1B to acquire it, in a deal that is
Doubles the size of Lexmark's enterprise software business to an approximately $700 million Lexmark International, Inc. (NYSE: LXK) and Kofax Limited (NASDAQ and LSE: KFX) today announced that the two companies have entered into a merger agreement in which Lexmark will acquire Kofax. Under the terms of
Leading Enterprise Information Management Solution Provider Reports More than 75 Percent Growth in Revenue in 2014; Six-Year Growth Rate of Nearly 1,100 Percent M-Files Corporation today announced 2014 revenue and channel growth figures that highlight the accelerating worldwide adoption of its enterprise information management (EIM) solutions
Greg Schloemer to Retire from DocuWare DocuWare Corporation today announced that Greg Schloemer, President of their New Windsor NY office, will retire effective March 31, 2015. Advance notice (May 2014) was provided by Schloemer internally so that the reorganization could be coordinated with key personnel: Paul Remington
Misses on Revenue Top Image Systems, Ltd. (Nasdaq:TISA) today announced its financial results for the fourth quarter and year ended December 31, 2014. The quarter's results include the impact of TIS' July acquisition of eGistics, a leading U.S. provider of cloud-based payment and remittance records management
KeyMark Announces Purchase of Pennsylvania-Based IMR KeyMark, Inc. announced today its second purchase of 2015 with the purchase of information management provider IMR. Headquartered in Camp Hill, Penn., IMR designs, implements, and supports technology solutions from single applications to enterprise-wide systems and is a reseller of
Transaction Adds Customer Communications Management Software Capabilities to Kofax's Smart Process Applications Kofax® Limited (NASDAQ and LSE:KFX today announced it has acquired Aia Holding BV, a provider of customer communications management (CCM) software. Aia’s CCM software helps organizations manage interactive and ad hoc customer correspondence both electronically
Stock tumbles 10% on guidance & cash flow pressures Overview of Results First quarter net revenue of $26.8 billion, down 5% from the prior-year period and down 2% on a constant currency basis First quarter non-GAAP diluted net earnings per share of $0.92, up 2% from the prior-year
Funding validates enterprise business applications market and positions K2 for continued growth and expansion K2, a business application platforms and solutions company, today announced it has agreed to accept a strategic investment from Francisco Partners, a leading global private equity firm focused on the technology sector,