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Lexmark acquired outstanding shares of Kofax Inc.
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Also in March, the company introduced Mobile ID, image validation software for capturing proof-of-identity documents required for secure processes such as opening bank accounts. purchased Aia Holding, a customer communications management company in The Netherlands, in a US$19.5 million cash deal.
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In September 2014, Kofax acquired Softpro, an e-signature and signature verification software company in Stuttgart, Germany, as a separate entity. was added to the Nasdaq Stock Market as (KFX). In the summer of 2013, Kofax added robotic process automation (RPA) developer Kapow Software (now: Kofax RPA). This acquisition enabled business process management (BPM) and case management software to exist through public or private SaaS (software as a service) platforms. In December, Kofax Inc.’s US$48 million bid to purchase London IT company Singularity was accepted. announced the acquisition of Atalasoft Inc., an image software company whose primary product was a document imaging toolkit named dotImage. In January 2008, the company renamed Kofax Image Products, Inc. In November 2007, then CEO Rob Klatell was replaced by Reynolds Bish, former CEO of Captiva Software, now part of OpenText. In December 2005, Dicom Group / Kofax Inc. In April 2003, Kofax acquired Mohomine Inc., an automated text classification and extraction developer. In 2002, Rick Murphy was named CEO of Kofax, and von Büren was promoted to CEO of Dicom Group. In July 2000, CEO and President Silver stepped down and was succeeded by Arnold von Büren, former deputy chief executive officer of Dicom. In July 1999, the company announced it would be purchased by UK-based holding company DICOM Group in a reported US$75 million cash deal, with the intent to pair Kofax Image Products, Inc.’s digital capture technology with DICOM Group's distribution services in Europe. In October 1997, the company went public on the Nasdaq market. In the 1990s the company continued to develop its core image processing technology. The company initially focused on making personal computer circuit boards to convert them into image-processing machines, and its first products were released in 1989. Silver became the company's chief executive officer and president. Kofax was founded in 1985 as Kofax Image Products by engineers Dean Hough and David Silver, who worked together at document processing company FileNet.