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Kofax acquires Ephesoft

Kofax has acquired Ephesoft, a move that will add to its intelligent document processing (IDP) solutions and go-tomarket channels. With global coverage and cloud solutions, the combined company will provide organisations with value-add solutions to accelerate deployments.

“We’re pleased to welcome Ephesoft’s customers, partners and employees into the Kofax family,” said Reynolds C. Bish, Chief Executive Officer at Kofax. “This acquisition extends our IDP solutions and cloud capabilities, allowing Kofax to better address the needs of customers around the world.”

Ike Kavas, Founder and Chief Executive Officer at Ephesoft said: “We’ve grown Ephesoft to provide a comprehensive set of value-add intelligent document processing capabilities and look forward to continuing that growth as part of Kofax. Our customers will benefit from Kofax’s larger market reach, and together we’ll be able to offer them the broadest range of software and solutions to accelerate their digital workflow transformation journeys.”

Kofax will continue supporting Ephesoft’s products and customers, and Kavas will continue leading Ephesoft’s organisational efforts.