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#TECH: Kofax acquires cloud-based print management company Printix

KUALA LUMPUR: Kofax, a supplier of Intelligent Automation software for digital workflow transformation announced it has acquired Printix.net ApS, a cloud-based SaaS print management software provider.

"We're very pleased to welcome Printix's customers, partners and employees into the Kofax family and assure them we'll continue to market, develop, support and increase investments in the Printix business," said Kofax's Chief Executive Officer, Reynolds C. Bish in a statement.

"This acquisition allows Kofax to continue enhancing our intelligent automation platform, increase our customer and partner ecosystem and establish a strong position in the high-growth, cloud-based SaaS print management software market."

As provider of cloud-based SaaS print management software, Printix helps businesses of all sizes eliminate the need to install traditional on-premise print management software—with the related print servers—enabling the benefits of modern and secure print management functionality.

"We are very excited to join Kofax and become a part of their impressive intelligent automation portfolio. This acquisition will allow Kofax to rapidly scale Printix's market access, partner channels and customer base. Our existing customers and partners will benefit from Kofax's much larger resources, global reach and broader portfolio of synergistic software and solutions, accelerating their digital workflow transformation journeys," said Printix's Chief Executive Officer, Jesper Christiansen.

To date, Printix primarily has been marketed through a channel of managed service providers, distributors and cloud marketplaces. Kofax will extend these channels to leverage its large and well established MFD manufacturer and independent dealer partners.

In Quocirca's Cloud Print Services 2021 study, based on organisations using a managed print service, it is revealed that overall, 67 per cent correspondents say that they will increase their use of cloud print management by 2025, with a further five per cent saying that they will move over to cloud-based printing completely.

"This acquisition is a natural fit for Kofax, which currently holds a leadership position in the broad print management marketplace and allows them to extend that leadership into cloud-based print management," said Quocirca's Director of print, imaging and managed services practice, Louella Fernandes.

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