M&A Deal Summary |
|
|---|---|
| Date | 2018-11-12 |
| Target | Nuance Communications - Document Imaging Division |
| Sector | Internet Software and Services |
| Buyer(s) | Kofax |
| Sellers(s) | Nuance Solutions |
| Deal Type | Divestiture |
| Deal Value | 400M USD |
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| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Information Technology |
| Revenue | 290M USD (2013) |
Kofax provides an intelligent automation software platform and solutions to enable organizations to digitally transform content-intensive workflows. The company supports customers in realizing faster time-to-value and increased competitiveness, growth, and profitability by combining Kofax’s cognitive capture, robotic process automation, process orchestration, analytics, and mobile capabilities while helping increase business resiliency and mitigating compliance risk. Kofax was formed in 1985 and is headquartered in Irvine, California.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 15 |
| Sector (Internet Software and Services) | 2 of 3 |
| Type (Divestiture) | 1 of 1 |
| State (Massachusetts) | 2 of 2 |
| Country (United States) | 5 of 7 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-02 |
Aia Holding BV
Nijmegen, Netherlands Aia Holding BV is a provider of customer communications management (CCM) software. Aia's CCM software helps organizations manage interactive and ad hoc customer correspondence both electronically and on paper, enabling them to address evolving needs faster and increase the effectiveness of their customer communications. |
Buy | $20M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-04 |
Top Image Systems
Ramat Gan, Israel Top Image Systems Ltd. is a developer and marketer of automated data capture solutions for managing and validating content gathered from customers, trading partners, and employees. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1992 |
| Sector | Software |
| Employees | 7,100 |
| Revenue | 1.5B USD (2020) |
Nuance Solutions is a provider of speech and imaging solutions for businesses and consumers around the world. Nuance technologies, applications and services enable users calling directory assistance, getting account information, dictating patient records, telling a navigation system their destination, or digitally reproducing documents that can be shared and searched. Nuance Solutions was formed in 1992 and is based in Burlington, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Internet Software and Services) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-18 |
Voicebox Technologies
Bellevue, Washington, United States Voicebox Technologies is a provider of natural language understanding (“NLU”), conversational AI and automated speech recognition (“ASR”) software, used across connected auto, mobile phone and IoT platforms. Voicebox Technologies was founded in 2001 and is headquartered in Bellevue, Washington. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-08 |
Saykara
Seattle, Washington, United States Saykara, Inc. focuses on developing a mobile AI assistant to automate clinical documentation for physicians. Saykara developed a platform that uses artificial intelligence (AI) to interpret conversations between physicians and patients, transform salient content into clinical notes, orders, referrals, and more, then populate both structured and narrative data directly to electronic health record systems. Saykara was founded in 2015 and is based in Seattle, Washington. |
Buy | - |
