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