Kofax To Acquire Top Image Systems

IRVINE, Calif., Feb 7 (Bernama-GLOBE NEWSWIRE) — Kofax®, a leading supplier of Intelligent Automation software to automate and digitally transform end-to-end business processes, today announced it has entered into a definitive agreement to acquire Top Image Systems™ Ltd. (NASDAQ:TISA) (TIS), a global innovator of on premise and cloud based applications that optimize content-driven business processes.

“TIS customers will enjoy single-vendor access to Kofax’s Intelligent Automation solutions which deliver increased efficiency, enabling the human and digital workforces of tomorrow,” said Reynolds C. Bish, Chief Executive Officer of Kofax. “Leveraging TIS’ SaaS expertise will assist us as we further advance the secure cloud capabilities of our end-to-end Intelligent Automation platform.”

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