Nuance acquires eCopy
Nuance announced yesterday that it acquired eCopy, a leading provider of solutions integrating paper documents into business software applications, for about $54 million in stock.
That extends Nuance’s footprint in owning paper- and document-intensive business processes. This acquisition should complement nicely their desktop scanning applications and Intelligent Document Recognition technologies with eCopy’s server-based offering and direct access to workflows from Multifunction Printers, as well as connectivity into over 100 entreprise ECM and ERP systems.
Nuance is on an aggressive acquisition strategy, as they already acquired another (smaller) company in that space a few months ago, ScanFlowStore, and is in line with a global consolidation trend in document management and processing.
