M&A Deal Summary

ABBYY Acquires Pericom Imaging Pte

On October 7, 2020, ABBYY acquired software company Pericom Imaging Pte

Acquisition Highlights
  • This is ABBYY’s 2nd transaction in the Software sector.
  • This is ABBYY’s 1st transaction in Singapore.

M&A Deal Summary
Date 2020-10-07
Target Pericom Imaging Pte
Sector Software
Buyer(s) ABBYY
Deal Type Add-on Acquisition

Target

Pericom Imaging Pte

Singapore, Singapore
website
Pericom Imaging provides enterprise document imaging and workflow solutions to help organizations enhance cost control, productivity, and information sharing across distributed locations. More than 1,000 customers in the region, across a broad range of industries, use its solutions and its supplementary products to leverage business value from their enterprise content.

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Buyer(S) 1

Buyer

ABBYY

Moscow, Russia

website

Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

ABBYY is a provider of document capture, analytics, and intelligence technology solutions. Trusted globally by 5,000+ enterprises across multiple end markets, such as financial services, insurance, healthcare, logistics, and public sector entities in government and education. ABBYY was founded in 1989 and is based in Moscow, Russia.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Singapore) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-20 TimelinePI

Springfield, Pennsylvania, United States

TimelinePI, Inc. provides a comprehensive process intelligence platform designed to empower users to understand, monitor and optimize any business process. TimelinePI, Inc. was founded in 2015 and is based in Springfield, Pennsylvania.

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