March 1, 2013 – Kofax plc announced it has acquired Altosoft Inc., a developer of business analytics software, to support its strategy in the smart process applications market.

Altosoft will function as a wholly owned subsidiary of Kofax, conducting business as usual while also enhancing Kofax’s product portfolio with near real-time process and data analytics, visualization and ETL capabilities, according to the announcement.

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