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0.0002942907592701 0.0002942907592701 0.000588581518540201 0.00088287227781051 0 -0.00470865214832265 -0.00706297822248387 -0.00824014125956448
Stock impact report

Kofax Buys a Division of Nuance Communications for $400M in Cash [TheStreet.com]

Nuance Communications, Inc. (NUAN) 
Last nuance communications, inc. earnings: 2/5 04:18 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.nuance.com/investor-relations
Company Research Source: TheStreet.com
Kofax agrees to buy Nuance Document Imaging. M. Corey Goldman Nov 12, 2018 12:50 PM EST Robotic process automation software provider Kofax Inc. announced on Monday, Nov. 12, that it has agreed to buy Nuance Document Imaging, a division of Nuance Communications Inc. NUAN, for $400 million in cash. The deal, which is expected to be completed by the end of the first quarter of 2019, will enhance Kofax's offerings in cloud compatibility, scan-to-archive, scan-to-workflow, print management and document security, the companies said in a statement. Kofax, itself acquired by private-equity firm Thoma Bravo for $1.5 billion last year, continues to build up its Robotic Process Automation business - the area of enterprise IT services that uses machine learning, computer vision and other AI-based tools to automate Show less Read more
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