Thursday, May 15, 2014

Kofax Wins $1.1M Sale

Irvine-based document processing software developer Kofax reported a $1.1M win yesterday, saying that it is offering up its products to an un-named provider of finance and insurance products. Kofax said the deal covers improving and enhancing a claims processing operation for the un-named client. Kofax develops applications used for document capture and handling. Kofax said the sale included $580,000 in software license revenue, $100,000 in maintenance services, and $430,000 in professional services.

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