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M&A Deal Summary

Tungsten Automation Acquires Printix

On August 10, 2021, Tungsten Automation acquired software company Printix

Acquisition Highlights
  • This is Tungsten Automation’s 8th transaction in the Software sector.
  • This is Tungsten Automation’s 1st transaction in Denmark.

M&A Deal Summary
Date 2021-08-10
Target Printix
Sector Software
Buyer(s) Tungsten Automation
Deal Type Add-on Acquisition

Target

Printix

Herlev, Denmark
Printix is a provider of cloud-based SaaS print management software that helps businesses of all sizes eliminate the need to install traditional on-premise print management software with the related print servers enabling the benefits of modern and secure print management functionality. Printix was founded in 2014 and is based in Herlev, Denmark.

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Buyer(S) 1

Buyer

Tungsten Automation

Irvine, California, United States
Category Company
Founded 1985
Sector Information Technology
Revenue 290M USD (2013)
DESCRIPTION

Tungsten Automation 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. Tungsten Automation was formed in 1985 and is headquartered in Irvine, California.

DEAL STATS #
Overall 13 of 15
Sector (Software) 8 of 9
Type (Add-on Acquisition) 12 of 14
Country (Denmark) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 PSIGEN

Huntsville, Alabama, United States

PSIGEN is an innovative developer of end-to-end document capture, business process automation and content management solutions. For more than two decades, the company has provided software to improve processes around the capture and management of paper, digital documents, and other mission-critical information. PSIGEN’s solutions focus on cost reduction, compliance, and improved efficiency for any organization. The company's products are designed to provide industry-leading flexibility and scalability, allowing for integration with any type of scanning device, fax server, MFP, or network folder. PSIGEN users have the ability to organize information in PSIGEN’s SAFE document management and workflow solution, or one of 60-plus supported third-party content management systems. It delivers these solutions through a worldwide network of 500-plus authorized resellers and distributors. PSIGEN was formed in 1995 and is based in Huntsville, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-20 Tungsten

London, United Kingdom

Tungsten is a global B2B e-invoicing network that facilitates and streamlines complex invoice-to-pay processes. Tungsten was founded in 2000 and is based in London, the United Kingdom.

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