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Pageflex

Former names: Bitstream
Software and Programming
Multinational United States Founded 1997
Last Update Dec 17, 2023

Pageflex News

1 article
May 17, 2010 · www.piworld.com
growth-positive
Bitstream to Acquire Assets of Press-sense for Web-to-print, Printing Workflow Solutions
Bitstream Inc. has announced its acquisition of Press-sense Ltd., a leading developer of business flow automation systems, for $6.5 million in cash and the assumption of liabilities related to deferred revenue. The acquisition will expand Bitstream’s Pageflex product line and enable the company to offer a more comprehensive range of business management tools. Press-senses existing customers and OEM partners, including the Indigo division of Hewlett-Packard, Océ, and Xerox, have expressed their support for the acquisition. Bitstream plans to maintain an office in Israel to support Press-sense and Pageflex customers and to expand its support for customers in Europe, the Middle East, and Africa.
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