Perceptive Software is a business unit of Hyland Software, Inc. Hyland announced its acquisition of Perceptive in July 2017. The acquisition further positions Hyland to lead the industry-wide evolution from managing content to managing information.
History
The company was founded in 1988 as Genesis Software and initially produced accounts payable software applications. The name changed to Perceptive Vision in 1995, when the company's focus shifted to document management, imaging and workflow and its flagship product, ImageNow. The company became Perceptive Software in 2004 and was acquired by Lexmark International in 2010 for $280 million.
Perceptive Software is one of the top 10 providers of ECM software technology in the world.
In 2011, Lexmark purchased the Netherlands-based Pallas Athena in a cash transaction valued at approximately $50.2 million. The Dutch company became part of Perceptive Software.
In March 2012, Lexmark International acquired Australia-based ISYS Search Software for $32 million and U.S.-based Nolij Corporation for $32 million. ISYS builds enterprise search solutions, and Nolij develops web-based document imaging and workflow software.
In January 2013, Lexmark acquired Minnesota-based Acuo Technologies for $45 million. Acuo Technologies develops medical imaging document management software.
In March 2013, Lexmark announced acquisitions of AccessVia and Twistage for a combined purchase price of approximately $31.5 million.
In late August 2013, Lexmark signed an agreement to acquire Germany-based Saperion AG, a leading developer and provider of enterprise content management (ECM) and business process management (BPM) software in Europe, for a cash purchase price of approximately $72 million.
In early October 2013, Lexmark acquired PACSGEAR, a leading provider of connectivity solutions for medical image management and electronic health records, for a cash purchase price of approximately $54 million. PACSGEAR will report into Perceptive Software.
In November 2014, Lexmark acquired the Swedish company ReadSoft, a leading provider in capture solution and especially in invoice processing fully integrated in SAP.
In March 2015, Lexmark announced an agreement to acquire (technically merge with) Kofax Limited for approximately $1 billion (US). Kofax and Perceptive will constitute a Lexmark Enterprise Software unit, but specific organizational details have not been announced.
In May of 2017, Lexmark entered into a definitive agreement to sell the Perceptive business unit to Hyland Software. This will become official in the third quarter of 2017.
On July 10, 2017, Hyland finalized its acquisition of the Perceptive Business Unit of Lexmark International, Inc. All enterprise software business assets in the Perceptive business unit, including Perceptive Content (formerly ImageNow), Perceptive Intelligent Capture (formerly Brainware), Acuo VNA, PACSGEAR, Claron, Nolij, Saperion, Pallas Athena, ISYS and Twistage, will now operate under Hyland’s portfolio of products.
Perceptive Software publishes the online magazine, devoted to the coverage of news, trends, and solutions related to enterprise content management.
Products
The product focus for Perceptive Software is enterprise content management (ECM), business process management (BPM), and document output management (DOM) software technology and applications. Core components of this software are document and records management, document imaging, enterprise information management, eForms, and records and information management (RIM).
The company’s business applications automate back office processes such as accounting and financials, human resources, contract management, payroll, legal and compliance. Key industries currently using Perceptive Software’s ECM applications include higher education, customer service, healthcare, government, and financial services.
Awards
Perceptive Software has been named a Computerworld Honors Laureate, and president and CEO Scott Coons has received the Ernst & Young Entrepreneur of the Year award. The Kansas City Business Journal honored Perceptive Software with its "Hall of Champions" award in 2010.
Employees voted it one of Kansas City’s “Best Places to Work" in 2004, 2005, 2006, and 2007. Additionally, the Kansas City Business Journal named Perceptive Software a Champion of Business in 2010.
Community engagement
Perceptive Software’s "Community Works" program supports a mix of causes, philanthropies and programs in which its employees are invested. The company’s annual dodge-ball tournament, Dodge for a Cause, benefits the Kansas City chapter of the Juvenile Diabetes Research Foundation (JDRF) and has generated nearly $90,000 for diabetes research and programs.
Educating Excellence, a program developed in partnership with the University of Kansas School of Engineering, recognizes outstanding Kansas and Kansas City-area high school science, technology, engineering and math (STEM) teachers.
Other organizations supported by Perceptive Software include the American Red Cross, Habitat for Humanity, Cells for Cells, Harvesters, Kansas City Corporate Challenge, Light the Night, Old Shawnee Days, Rebuilding Together Shawnee, Run for Mercy and Treads and Threads.
Trivia
Its global headquarters includes a slide between the second and first floors and a regulation dodgeball court.
References
External links
- Kofax Official Website
- Lexmark Success Stories
- Kofax Document Management System
- Perceptive Software LearnModeâ„¢ Technology
- Perceptive Software Community Works
- Perceptive Software Educating Excellence
- Perceptive Software InContext Magazine
- Perceptive Software Inspire 2017
- Perceptive Software Facebook
- Kofax Twitter
- Perceptive Software Linkedin
- [1]
