Add-on Acquisition • Software

ABBYY Acquires Pericom Imaging Pte

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

Acquisition Context

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

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M&A Deal Summary
Date	October 7, 2020
Target	Pericom Imaging Pte
Sector	Software
Buyer(s)	ABBYY
Deal Type	Add-on Acquisition

Target Company

Pericom Imaging Pte

Singapore, Singapore

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 Overview 1

Buyer

ABBYY

Austin, Texas, United States

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 Austin, Texas.

Deal Context for Buyer	#
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.	Buy	-

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.

Buy

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