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In July 2017, Thoma Bravo acquired
Lexmark's Enterprise Software business which consisted of three entities: Kofax, ReadSoft, and Perceptive Software. Following this, Kofax and ReadSoft were combined into a single, newly independent Thoma Bravo portfolio company named Kofax.
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With more than 12,000 customers, ReadSoft claimed to be the market leader of the
Document Process Automation segment – a term first coined by ReadSoft itself to cover the technology that automates the processing of business documents. It involves data capture and extraction
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International, Inc announced a bid to buy out all remaining shares in ReadSoft. The deal was completed in late 2014, and ReadSoft then operated as part of
Lexmark's Enterprise Software (formerly Perceptive Software) division.
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also Oracle competency/development centers which provided integrated solutions for companies with SAP and Oracle systems. Market analyst firm Harvey
Spencer Associates reports ReadSoft with a 13% market share.
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216:, an independent information technology research and advisory company. Specialist software is designed to integrate with the AP software from ERP systems, such as
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a dedicated SAP Specialist Team that developed the
Process Director, formerly known as Invoice Cockpit Suite. ReadSoft maintained other than
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ReadSoft's specialties included accounts payable automation, accounts receivable automation, sales order processing, and digital mailrooms.
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was a global provider of applications for automating business processes. ReadSoft was founded by two university students in
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179:– Stockholm Small Cap list. ReadSoft had operations in 17 countries and a partner network in an additional 70 nations.
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397:"The Worldwide Market for Document Capture Software 2008–2012", Harvey Spencer Associates, 2008.
454:"Thoma Bravo Completes Acquisition of Lexmark's Enterprise Software Unit | The Software Report"
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Applications for business process automation, on-premises, in the cloud, mobile, and hybrid
303:"European retail giant turns to ReadSoft to process more than a million invoices per year"
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ReadSoft has been regarded as an "AP invoice specialist" – AP is a common abbreviation of
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331:"Even Better Invoice Processing. ReadSoft is now Lexmark. | Lexmark United States"
282:"Even Better Invoice Processing. ReadSoft is now Lexmark. | Lexmark United States"
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408:"Lexmark commences tender offer for all outstanding shares of ReadSoft - May 6, 2014"
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and routing to company agents for approvals and problem resolution via workflow.
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232:) from paper and electronic documents, integration with company's existing
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429:"Thoma Bravo Completes the Acquisition of Lexmark Enterprise Software"
374:"Accounts Payable Invoice Automation", John van Decker, Gartner, 2008.
352:"Thoma Bravo Completes the Acquisition of Lexmark Enterprise Software"
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Former developer of business process automation software
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Comparison of optical character recognition software
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Combined with Kofax and
Perceptive Software to form
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197:into an independent portfolio company named Kofax.
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239:In 2006, ReadSoft merged with Ebydos AG from
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171:, in 1991. The company was headquartered in
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648:Software companies established in 1991
638:Optical character recognition software
663:Swedish companies established in 1991
385:"SAP-Spezialist Ebydos wird verkauft"
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576:Microsoft Office Document Imaging
182:In July 2017, private equity and
189:acquired and combined ReadSoft,
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643:Companies based in Helsingborg
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658:Optical character recognition
501:Optical character recognition
230:optical character recognition
653:Software companies of Sweden
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88:Göran E Larsson, Chairman
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255:In May 2014, US Company
128:SEK 74.5 million (2011)
452:admin (11 July 2017).
410:. Newsroom.lexmark.com
307:News Powered by Cision
111:SEK 663 million (2011)
37:Public (OMX Stockholm)
553:Proprietary software
195:Perceptive Software
184:growth capital firm
134:Number of employees
90:Jan Bertilsson, CFO
73:Helsingborg, Sweden
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201:Company operations
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566:Adobe Acrobat Pro
241:Frankfurt am Main
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561:ABBYY FineReader
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333:. Readsoft.com
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69:Headquarters
34:Company type
571:Asprise OCR
187:Thoma Bravo
173:Helsingborg
46:Helsingborg
632:Categories
591:SmartScore
459:2022-06-23
438:2022-10-22
414:2016-04-22
361:2022-10-22
337:2016-04-22
313:2022-06-23
288:2016-04-22
268:References
234:ERP system
177:NASDAQ OMX
118:Net income
84:Key people
543:Tesseract
533:OCRFeeder
518:CuneiForm
165:Linköping
150:.readsoft
610:See also
596:TeleForm
586:ReadSoft
581:OmniPage
503:software
161:ReadSoft
95:Products
20:ReadSoft
601:VueScan
538:OCRopus
257:Lexmark
245:Germany
214:Gartner
143:Website
103:Revenue
42:Founded
218:Oracle
193:, and
169:Sweden
64:(2017)
52:(1991)
528:Ocrad
356:PRWeb
212:– by
191:Kofax
62:Kofax
523:GOCR
220:and
152:.com
57:Fate
249:SAP
222:SAP
148:www
77:SWE
50:SWE
634::
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322:^
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