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Stock Market & Financial Investment News

News Breaks
February 3, 2014
05:37 EDTKFXKofax announce $1M investment in Kofax Mobile Capture by major bank
Kofax announced that one of the five largest U.S. banks has made a $1M initial investment in software licenses for the recently launched Kofax Mobile Capture Platform and frameworks for Mobile Bill Pay and Mobile Check Deposit apps. The bank will use the solution to over time progressively expand and enhance its mobile banking apps for customers throughout the U.S.
News For KFX From The Last 14 Days
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September 2, 2014
07:05 EDTKFXKofax sees FY15 revenue $339M-$347M, consensus $316.24M
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07:05 EDTKFXKofax reports Q4 EPS 7c, consensus 8c
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07:01 EDTKFXKofax acquires Softpro GmbH for $34.7M in cash
Kofax Limited announced that on September 1, 2014 it acquired Softpro GmbH, a provider of signature verification, fraud prevention and electronic signature software and services. Kofax acquired all of Softpro’s stock for total consideration of $34.7M in cash. Of this amount, $31.2M was paid as part of the closing of the transaction on September 1, 2014. An additional $1.1 million will be paid 90 days after closing, $1.2M will be paid one year from closing and $1.2M will be paid two years from closing, with said amounts being subject to certain indemnification terms and conditions. The Company expects to complete the integration of Softpro by the end of calendar year 2014.
August 28, 2014
05:46 EDTKFXKofax announces $450K sale of software
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