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Kofax finalizes acquisition of Ephesoft

Kofax was recently sold by Thoma Bravo to TA Associates/Clearlake Capital Group

  • Kofax acquired Ephesoft, a document capture with intelligent document processing (IDP) solution provider
  • Provides handwritten text recognition via cloud OCR (optical character recognition)
    • 88% accuracy rate for handwriting and cursive recognition
  • Offers Semantik AI Engine for data extraction

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