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Kofax Acquires Singularity

Thursday 8th December 2011


Kofax plc has acquired Singularity Limited, the Londonderry based leading provider of business process management (BPM) software and case management solutions. Commenting on the acquisition, Reynolds C. Bish, CEO of Kofax, said:


“We’ve become a leader in the capture market by managing information into customers’ enterprise applications and repositories. The acquisition of Singularity will now allow our customers to manage that information as it flows through their organisations, expanding our reach beyond capture into the BPM market and providing a uniquely differentiated product with strong competitive advantages in both markets. We’re excited to deliver more capabilities to our customers and welcome the Singularity management team and its employees, customers and partners to Kofax.”

The acquisition should allow Kofax to realise numerous strategic benefits, including:

Bottomline Technologies Expands Capabilities in Healthcare and Acquires European Reseller

Monday 5 December 2011
Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced the expansion of its healthcare technology suite with an agreement to acquire substantially all of the assets of Logical Progression, an early stage company focused on the development of mobile document automation solutions for the healthcare industry. Logical Ink®, the company’s first innovative technology, will be offered as part of Bottomline’s growing healthcare solutions portfolio.

Tradeshift helps Birmingham NHS agency to streamline invoice system

Tuesday 22 November, 2011

Tradeshift, the social network for business, has announced that Birmingham Primary Care Shared Service Agency (BPCSSA), the Financial Services Directorate that provides Finance and Procurement to 3 Primary Care Trusts and one NHS Trust across Birmingham, will

be using its e-invoicing tool to change how it interacts with over 6,000 suppliers. Read more..


Fundtech completes merger with affiliate of GTCR

Wednesday 30 November, 2011
Fundtech Ltd. (Nasdaq:FNDT) (“Fundtech” or the “Company”) announced today that the merger of Fundtech with F.T. Israeli Mergerco Ltd., an indirect, wholly-owned subsidiary of US FT Parent, Inc., both of which were formed by GTCR Fund X/A LP or its affiliates, has been completed following satisfaction of the conditions to closing, including approval of the Company’s shareholders at a special meeting of the Company’s shareholders, held on October 25, 2011.

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