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Xerox CFO Comments Seem to Rule Out Kofax Bid

Xerox recently adjusted its outlook for 2015 in the wake of fairly weak Q1 results. But, the big news for our readers may be Xerox CFO Kathryn Mikells' comments on the company's acquisition goals. Mikells told Reuters: "We're expecting to…

Kruchten Leaving Kodak Alaris

Dolores Kructhen, who has served as president of Kodak Alaris Document Imaging - DI (recently renamed Information Management- IM), since it was launched in 2013, is leaving the company at the end of May. Here's the official statement from…

Xerox Statement Leaves Door Open for Kofax Bid

Here's the statement I received from Xerox after asking for a comment on Lexmark's $1B bid to acquire Kofax: "While we cannot comment on Lexmark’s decision to acquire Kofax, we can say that today we are more confident than ever in our…

A Dialogue with Xamcor’s Paul Carman on Lexmark-Kofax Deal

The following is a correspondence between Ralph Gammon, the editor of the Document Imaging Report, and Paul Carman, President and CEO of Xamcor, discussing what this deal means to the companies involved, as well as the industry as a whole.…

Lexmark Goes All In on Capture

Wow. That really caught me by surprise. About 4:30 today it was announced that Lexmark was acquiring Kofax for $1B net of cash. I was just finishing up my Kofax Transform conference story and about to start writing my piece about how Xerox…

Ephesoft’s Vision for the Future of IDR

Coming out of AIIM last year I had come up with a vision on the potential future of the document imaging industry. I've repeated the mantra several times since - and it goes like this: "Capture it all and let the technology sort it out." In…

Most Recent Quarterly Financials Show Maturing Market

As I mentioned in the latest issue of our premium publication, over the past two weeks, a number of document imaging software vendors released their numbers for the three months ended Dec. 31, 2014. I would have liked to cover some of these…

Could Xerox Kofax Partnership Lead to Something Bigger?

Today Kofax announced that it has signed a global partnership with Xerox. Under the terms of the agreement, "Xerox will sell, market, deploy and support Kofax TotalAgility," with support from Kofax sales and services staff. Kofax TA…

Kofax Numbers Rebound in Q2

Kofax appears to have had a fairly strong second fiscal quarter for 2015 (ended Dec. 31), based on the selected preliminary results it reported yesterday. Kofax pre-reported non-GAAP software license revenue of $34M-$35M, total revenue of…

TIS Meets Q4 Guidance

A day after Kofax reported a rebound for its fiscal '15 Q2, capture competitor Top Image Systems (TIS) has reported that it met its guidance for the fourth quarter - at least in terms of local currencies. Like Kofax, TIS does quite a bit of…