Kofax join hands with MobiFlex
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Kofax plc has entered into an OEM agreement with and made a $500,000 minority investment in MobiFlex, Inc. The announcement is said to be the result of a joint development effort that began in early 2011 and creates the basis for a long term strategic partnership between the two companies. Reynolds C. Bish, CEO, said, "We evaluated a number of alternative approaches to addressing mobile capture needs and selected MobiFlex as what we consider to be the best fit with our software products and solutions. As a result, we're very pleased to now enter into these agreements with MobiFlex. Our customers have expressed a great deal of interest in these capabilities for some time now and we're excited about being able to meet this demand with the release our first mobile capture software products during the first calendar quarter of 2012." The OEM agreement is supposed to provide Kofax with the basic software tools and infrastructure ...