Top Image Systems Business
Sector
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development ToolsOperations SolutionsLegal & Compliance SolutionsFintech & Insurtech
Target Customer
Financial ServicesFinancial InstitutionsBanksEnterprise & Professional Services
Core Technology
Platforms & InterfacesMobileSoftwareWebData StorageCloud
Tags (4)
knowledge-technologycontent-managementbpmdocument-process-automation
Geographic Markets
JapanSingaporeAustraliaGermanySpainUnited KingdomFranceAsiaItalyGlobalUnited States
Top Image Systems Financials
Undisclosed
Capital raised
Cumulative Funding Raised Over Time ($)
Top Image Systems Lifecycle
Cumulative Funding Raised Over Time
Top Image Systems News
4 articles
Acquisition of Top Image Systems by Kofax Closes
Top Image Systems Ltd. has been acquired by Kofax, a portfolio company of Thoma Bravo. The acquisition was announced on February 4, 2019, and was completed on May 6, 2019. Top Image Systems shareholders will receive $0.86 in cash for each share of Top Image Systems ordinary stock they hold. The shares of Top Image Systems ordinary stock have been removed from listing on the NASDAQ Stock Exchange.
Acquisition
Top Image Systems Files Definitive Proxy for Acquisition by Kofax
Top Image Systems Ltd. has announced that it has filed its definitive proxy in connection with the company’s previously announced acquisition by Kofax Holdings International Ltd. The shareholders of Top Image Systems Ltd. are invited to attend an extraordinary general meeting to vote on the acquisition. The company will be acquired by way of a merger, and will become a wholly-owned subsidiary of Kofax Holdings International Ltd. The consideration to be received by the shareholders of the company in the merger will consist of $0.86 in cash, without interest and less any applicable withholding taxes, for each ordinary share of the company.
Acquisition
Thoma Bravo Portfolio Company Kofax to Buy Israeli Processing Solutions Company Top Image
Top Image Systems Ltd. has announced a definitive agreement to be acquired by Kofax Inc., a portfolio company of Thoma Bravo LLC. The acquisition has resulted in a growth-positive impact on the company. Top Image Systems Ltd. is a content processing solutions company headquartered in Israel and listed on Nasdaq. The companys valuation reached $0.83 and its stock price increased by 60.82% on Nasdaq. Top Image Systems Ltd. develops document-based business processes automation software. In the first six months of 2018, the company reported $14 million in revenue and an operating loss of $2.6 million. Kofax will pay Top Image shareholders $0.86 per share, amounting to an aggregate consideration of $16.028 million. The merger is subject to customary closing conditions and regulatory approval.
Acquisition
http://www.topimagesystems.com/news-a-events/press-releases/1089-top-image-reports-financial-results-for-the-fourth-quarter-and-year-ended-december-31-2014
Top Image Systems Team
Izhak Nakar
Founder
Founder
Employee Info
| Employees (range) | 51-200 |
| Exact count | 104 |
| Team members | 1 |
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