Mike over at MCO has been a great partner in the Document Imaging industry for years. November 3rd it was announced MetaSource acquired their organization. Congratulations!
NEWS: Dell to acquire EMC
Nobody in the industry saw this coming. However Dell being EMC's largest partner it only makes sense! I do wonder what Dell is going to do with the ECD (Software side of EMC including Documentum, ApplicationXtender, and Captiva). Perhaps they will sell this division off to another company? Dell isn't known for its software offerings in the past. Both Oracle and HP aren't too happy about it! Should be interesting!
http://finance.yahoo.com/news/emc-corps-value-makes-worthy-224533870.html
NEWS: Lexmark looking for a buyer
In an interesting turn of events, Lexmark is looking to be acquired. Perhaps the Dell/EMC acquisition was a sign of the times, or as its rumored HP is looking to expand even more. Only time will tell. Lexmark recently acquired Kofax for 1 billion and many other ECM software companies like Perceptive ImageNow. Whoever purchases Lexmark is going to have a great portfolio for ECM. I wouldn't be surprised if IBM goes after it or Fujitsu. Both had interest in Kofax at one time.
http://www.documentimagingreport.com/index.php/item/1898-lexmark-looking-for-a-buyer.html
NEWS: 2015 Q3 Transactional Content - Forrester Wave
Always interesting chart. With all the acquisitions from Lexmark on Kofax/Readsoft/Etc.. put them on the list! You can download a copy from many sources, but here is a snapshot!
NEWS: Hershey Technologies acquired by Konica Minolta Business Solutions
I've known Neal over at Hershey for 10+ years and he has always been instrumental in the ECM industry! Congratulations to him and his team on the acquisition! All the best Neal!
"Happy to announce that Hershey Technologies has been acquired by global partner - Konica Minolta Business Solutions (KMBS) USA . What an opportunity to run a successful firm for over 24 years ! Hershey's merger with KMBS is not only good for Hershey's shareholders, but expands our service value for our customers, and Hershey's highly skilled associates ! Looking forward to be an active contributor to the Konica Minolta's Enterprise Content Management (ECM) team ! "
NEWS: Matrix Imaging acquired by DoxTek
I've known Matrix Imaging for over ten years as a competitor and friend in the Document Management industry. Congratulations on their latest voyage with DoxTek!
"DoxTek, Inc., is pleased to announce their acquisition of Matrix Imaging’s ECM Systems Division (http://www.matriximaginginc.com), a solution provider in the document imaging, content management and outsourced paper and microfilm scanning industries. The acquisition will provide the Matrix Imaging systems customers with an award-winning support team, extensive engineering expertise, and an enhanced overall experience by working directly with DoxTek for the growth and support of their existing document imaging system."
NEWS: Fujitsu enters Capture market
Interesting, as we all know Kofax and Captiva basically owned the market share of Capture Solutions for years. Captiva getting acquired by EMC years ago, and Kofax recently being acquired by Lexmark. Seems Fujitsu wants to play in the game now too, partnering up and rebranding with Ephesoft to provide their own "Advance Capture" solution.
Building upon its document scanner market share leadership of more than 15 years, Fujitsu has enhanced its scanning software offering to include Advanced Capture powered by Ephesoft* to ensure its customers continue to have an optimized document capture experience. By adding an advanced capture offering to its current PaperStream products, Fujitsu is providing clients with the option of obtaining a more efficient and streamlined solution.
NEWS: 2014 Gartner ECM Review
Every year Gartner puts out a research paper on the best of the best for ECM (And practically every other industry). 2014 sees much of the same in the leaders from EMC, IBM, Microsoft, Preceptive (Now Lexmark), Hyland and Opentext.
The term "enterprise content management" (ECM) describes both a strategic framework and a technical architecture that supports all types of content (and format) throughout the content life cycle.
As a strategic framework, ECM can help enterprises take control of their content, and thereby boost productivity, encourage collaboration, help meet compliance initiatives, enable better content-centric processes and make information easier to share.
As a technical architecture, ECM consists of a platform or a set of applications that interoperate but that can be sold and used separately.
An ECM platform's core components, and their associated functional weightings for the purpose of scoring in this Magic Quadrant, are as follows:
RUMOR: EMC & HP Merger or acquisition?
This was discussed all over the internet last year, but the two couldn't see eye to eye on value.
Well the rumor mill is back again. Some say mergers, some say outright buyout of EMC from HP.
With HP splitting itself into HP Enterprise, and a PCs and printers business called HP Inc, HP CEO Meg Whitman will become boss of HP Enterprise. Its valuation will be less than that of the current HP, which today stands at $59.92bn. EMC is capped at $59.2bn.
We could crudely see HP Enterprise being worth half of the current HP; roughly $15bn. That ought to make valuation less of a problem in any merger talks.
NEWS: Lexmark finalizes acquisition of Kofax!
This was long overdue. Ever since EMC purchased Captiva it was only time before someone bought out Kofax!
- Lexmark International, Inc. today announced that it has closed on its acquisition of Kofax Limited. Lexmark acquired Kofax in a cash transaction for $11.00 per share, for a total enterprise value of approximately $1 billion. This acquisition will nearly double the size of Lexmark's Enterprise Software annualized revenue to approximately $700 million.
- Lexmark also announced that Scott Coons, president of Lexmark's Enterprise Software, has decided to retire, effective at the end of July 2015. Coons has successfully led Lexmark's software division since the company acquired Perceptive Software in 2010.
- During Coons' tenure, Lexmark's Enterprise Software expanded from its enterprise content management software roots into process, capture and search technologies, and significantly strengthened the company's industry-focused solutions. Coons helped expand the Enterprise Software team's international footprint through organic sales investment and acquisitions. Coons will assist in the leadership transition until his retirement date.
- Effective immediately, Reynolds C. Bish, CEO of Kofax, succeeds Coons as president of Lexmark's Enterprise Software. Bish will also be a Lexmark vice president and report directly toPaul Rooke, Lexmark chairman and chief executive officer. Bish has been active in enterprise software markets for more than 20 years. He has successfully led Kofax since 2007. Prior to Kofax, Bish co-founded Captiva Software Corporation and served as its president and chief executive officer from 1989 until its acquisition in 2005.