Thursday, February 7, 2019

Kofax Buys Top Image Systems

Irvine-based software developer Kofax said this week that it is acquiring Top Image Systems Ltd, a developer of cloud- and premise-based applications use to manage "content-driven" business processes. Kofax is paying around $16M for Top Image Systems, which was based in Israel. Kofax said the acquisition will help it further advance the secure cloud capabilities of its platform. The deal is expected to close by the end of June.

---