Tuesday, May 31, 2005
Captiva Completes SWT Acquisition
San Diego-based Captiva Software has completed its previously announced agreement to acquire SWT SA, a provider of automatic data extraction solutions in France. Captiva said that the acquisition stengthens its market presence in France and Spain. The deal was worth $17.6M in cash and 179,000 shares of Captiva common stock. Captiva is a deveoper of input management software used to scan paper documents and manage data from Internet forms and data.