Is Lexmark the OpenText of Capture+BPM?
Once I tongue-in-cheek referred to OpenText as the “We buy houses” of BPM, but it appears that Lexmark is following in its footsteps, albeit with a focus on document capture as well as BPM. Not really a fair comparison as they’re both charting different courses with respect to BPM.
- In 2010, Lexmark bought Perceptive software, for $280M. An ECM vendor but with some BPM / Process capabilities.
- In 2011, Lexmark bought Pallas Athena, for $50M, and folded it into Perceptive Software.
“BPM is a perfect complement to Perceptive Software’s content-driven ECM solutions; it strengthens the impact of the context side of our ‘content in context’ approach,” said Scott Coons, Perceptive Software’s president and chief executive officer and Lexmark vice president.
- Yesterday, Lexmark purchased Kofax for $1B…
“The addition of Kofax immediately enhances Lexmark’s industry-leading enterprise content management and business process management offerings. In the capture technology field, the combination of Kofax’s smart process applications with Perceptive Intelligent Capture will create the broadest and deepest portfolio of capture solutions in the market, ranging from Web portals and mobile devices to smart MFPs.”
In a not-unnoticed bit of irony, a former IBM division has now bought 3 “BPM” software vendors, competing with the mother ship IBM BPM.
All of this news follows closely on the heals of KofaxTransform – which Sandy Kemsley had great coverage of here. I’m curious what she and other BPM analysts will think of the acquisition. This should make for interesting conversation at bpmNEXT next week! I’ll try to find out if everyone gets a printer in this deal…