Acquisition of Top Image Systems by Kofax Closes

 · Top Image Systems has announced that the shareholders of the company voted overwhelmingly to approve the previously announced acquisition by Kofax. Quorum was achieved with 99% of the voting shareholders approving the merger. Top Image Systems expects the merger to close during the second week of May.

Kofax, which is backed by Thoma Bravo, has acquired Nuance Document Imaging from. today announced the closing of its acquisition of Nuance Document Imaging (NDI), PE-backed Kofax to buy Top Image Systems.

Top Image Systems Ltd. (the “Company”) (TISA), today announced that it has filed, on March 12, 2019, its definitive proxy in connection with the Company’s previously announced acquisition by Kofax.

IRVINE, Calif., May 06, 2019 (GLOBE NEWSWIRE) – Kofax, a leading supplier of Intelligent Automation software to automate and digitally transform end-to-end business operations, today announced the closing of its acquisition of Top Image Systems Ltd. (TIS), a global innovator of on-premise and cloud-based applications that optimize content-driven business processes.

TEL AVIV, Israel and PLANO, Texas, May 06, 2019 (GLOBE NEWSWIRE) — Top Image Systems Ltd. (the “Company” or “Top Image Systems”) (TISA) announced today the closing of its acquisition by Kofax, a.

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IRVINE, Calif., May 06, 2019 (GLOBE NEWSWIRE) — Kofax ®, a leading supplier of Intelligent Automation software to automate and digitally transform end-to-end business operations, today announced the closing of its acquisition of Top Image Systems Ltd. (NASDAQ:TISA) (TIS), a global innovator of on-premise and cloud-based applications that optimize content-driven business.

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Top Image Systems expects the merger to close during the second week of May. Brendan Reidy, CEO of Top Image Systems, commented, "We’re extremely pleased with today’s vote.

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TEL AVIV, Israel and PLANO, Texas, May 6, 2019 (GLOBE NEWSWIRE) – Top Image Systems Ltd. (the "Company" or "Top Image Systems") (Nasdaq:TISA) announced today the closing of its acquisition by Kofax, a leading supplier of Intelligent Automation software to automate and digitally transform end-to-end processes, and a portfolio company of Thoma Bravo, a leading private equity investment firm.

Earlier this month, Kofax closed its acquisition of Nuance Document. It also entered a definitive agreement to acquire Top Image Systems.

Top Image Systems Enters into a Definitive Agreement to Be Acquired by Kofax. Stockholders to. Kofax to Acquire Nuance Document Imaging Solutions. Acquisition. Ideagen completes acquisition of US-based Medforce Technologies Inc.

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