Thursday, May 15, 2014
Kofax Wins $1.1M Sale
Irvine-based document processing software developer Kofax reported a $1.1M win yesterday, saying that it is offering up its products to an un-named provider of finance and insurance products. Kofax said the deal covers improving and enhancing a claims processing operation for the un-named client. Kofax develops applications used for document capture and handling. Kofax said the sale included $580,000 in software license revenue, $100,000 in maintenance services, and $430,000 in professional services.