Wednesday, January 19, 2011
Irvine's Kofax to Sell European Scanner Unit
Irvine’s Kofax PLC, a maker of software that helps businesses cut down on paper and data entry, said Monday it’s shedding its European division that distributes scanners and servers in a private equity buyout valued at about $23 million. Kofax is selling its business distributing scanners, copiers and servers made by others to Germany’s Hannover Finanz GMBH.
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