© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Kofax Acquires Aia for USD19.5m
Posted 8th April 2015

Kofax Acquires Aia for USD19.5m

Kofax (KFX) announced the acquisition of Aia Holding BV, a customer communications managementcompany based in The Netherlands, for $19.5 million.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Kofax Acquires Aia for USD19.5m

Kofax Acquires Aia for $19.5 million

View Biography
Kofax

View Biography
Aia

Acquirer

Target

Kofax (KFX) announced the acquisition of Aia Holding BV, a customer communications managementcompany based in The Netherlands, for $19.5 million.

According to Kofax, Aia’s customer communications management software helps organizations manage interactive and ad hoc customer correspondence both electronically and on paper, enabling them to address evolving needs faster and increase the effectiveness of their customer communications.

Kofax said that Aia’s customer communications management software will be integrated into Kofax’s TotalAgility offering, and will continue to be offered on a stand-alone basis as well.

“The addition of CCM to TotalAgility’s capture, process management, information integration, analytics, e-signature and mobile capabilities will significantly strengthen the value of Kofax’s smart process applications and their competitive differentiation and advantage,” Kofax said in a release.

Under the terms of the agreement, Kofax acquired all of Aia’s stock for $19.5 million in cash. Of the $19.5 million, $16.6 million was paid on the transaction’s closing date of Feb. 27, 2015.

Additionally, $1.4 million will be paid one year from closing and $1.5 million will be paid 18 months from closing, with said amounts subject to certain indemnification terms and conditions, the companies said.

Prior to Kofax’s acquisition, Aia was a privately held company headquartered in Nijmegen, The Netherlands with approximately 70 employees. According to Kofax, Aia’s unaudited financial statements for the fiscal year ended Oct. 31, 2014 reported revenues of $8.9 million, 26% of which arose from software licenses, 29% from maintenance services, and 45% from professional services.

“The acquisition of Aia is a natural step forward in realizing our strategic vision for smart process applications,” Kofax’s chief executive officer, Reynolds Bish, said.

“The need for a comprehensive, end-to-end customer engagement platform that handles content from any channel or device anywhere is becoming ubiquitous and urgent,” Bish continued. “Adding CCM to the award-winning Kofax TotalAgility platform will let organizations offer an even more compelling experience to their customers in the business critical First Mile. We’re very excited to welcome Aia to the Kofax family.”

Kofax said that it expects to complete the full integration of Aia by the end of its fiscal year on June 30, 2015.

The Aia deal marks the second time in the last six months that Kofax has acquired a company based in Europe.

Categories: Finance, M&A


You Might Also Like
Read Full PostRead - Eye Icon
How to Ensure a Successful Transition from E- commerce to Brick-and-Mortar Sales
News
29/04/2024How to Ensure a Successful Transition from E- commerce to Brick-and-Mortar Sales

Meta Description: Explore how you can successfully move from online selling to physical stores and take advantage of the best of both worlds with our expert tips and strategies. As entrepreneurs in the digital age, we have seen tremendous growth and success th

Read Full PostRead - Eye Icon
How to Transform Retail Customer Experience with VR
Innovation
08/06/2023How to Transform Retail Customer Experience with VR

Each year, the number of customers ready to make purchases with VR is growing, even in the premium segment of the retail market. According to June 2022 Global Consumer Insights Pulse Survey by PWC, 19% of consumers used VR to purchase luxury goods.

Read Full PostRead - Eye Icon
Shifting Sands – How Bank Managers have Joined the Alternative Finance Boom
Finance
09/03/2018Shifting Sands – How Bank Managers have Joined the Alternative Finance Boom

While many SMEs are worried about the transforming banking landscape, business leaders need not fear that all the experts are disappearing - they may just have to look elsewhere to find them.

Read Full PostRead - Eye Icon
Finansinvest Enhances operations with SunGard’s Front Arena for Trading and Risk Management
Innovation
22/07/2015Finansinvest Enhances operations with SunGard’s Front Arena for Trading and Risk Management

Finansinvest enhances operations with SunGard’s Front Arena for trading and risk management

Read Full PostRead - Eye Icon
Insurance for Insurance – Barents RE Have It Covered
Finance
27/01/2020Insurance for Insurance – Barents RE Have It Covered

Over the course of twenty-four years, Barents RE have cultivated a presence across Europe, the Middle East, Latin America and Asia as one of the world’s most established independent reinsurance groups. Now, with up to six hundred reinsurance connections acro

Read Full PostRead - Eye Icon
Preparing your brand for the incoming wave of M&As
M&A
15/03/2021Preparing your brand for the incoming wave of M&As

Our world is in flux. And although collectively, we are facing many challenges right now, there are myriad opportunities growing in tandem. As many organisations restructure in an effort to weather the current climate, we will inevitably see Europe follow in t

Read Full PostRead - Eye Icon
Maximizing Your Online Presence: Unleashing the Power of Google Ads for Business Growth
News
06/11/2023Maximizing Your Online Presence: Unleashing the Power of Google Ads for Business Growth

In today’s digital age, establishing a strong online presence is essential for businesses looking to thrive and expand. With countless potential customers turning to the internet to find products and services, it’s crucial to leverage effective dig

Read Full PostRead - Eye Icon
Top places to find skilled specialists for your startup: React developers for hire
News
18/04/2023Top places to find skilled specialists for your startup: React developers for hire

You’ve just decided to hire React developer talent for your cutting-edge project. You’re brimming with excitement, but there’s a problem: where do you find these elusive experts to make your vision a reality? Fret not, fearless leader, for we

Read Full PostRead - Eye Icon
What to Do if You Can’t Make Your Business Loan
News
02/12/2021What to Do if You Can’t Make Your Business Loan

What To Do If You Can’t Make Your Business Loan There are a lot of moving parts to make a loan from your business. You have to meet all of these requirements and you need to do it fast. But not every company manages to obtain a business loan, even if the



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow