As a result of the acquisition, DocsCorp will expand its primary business of assisting organisations with creating and managing documents in PDF format. The move will also allow DocsCorp to leverage DocuComp’s industry-standard text comparison technology in its existing range of solutions.
The recognition software will be integrated into DocuComp’s recently launched ‘pdfDocs compareDocs’ application that allows for the comparison of business-critical documents irrespective of their formats.
Larry Lightman, chief executive officer, DocuComp said: "We are genuinely excited about the additional resources and focus that will now be dedicated to our product portfolio as part of the DocsCorp family.”
DocuComp’s core document comparison algorithm was introduced in 1988, receiving a patent the following year. Its ability to identify fine-grain text changes in documents of any length or complexity saw it licensed by Microsoft, Adobe and Wordperfect.
Lightman added: “Our customers will soon see significant improvements in the DocuComp product lines that exploit DocsCorp's deep expertise in document workflows and technologies. Most notable are upcoming improvements in Microsoft Word document comparisons and integration with many different document management software systems."
David Woolstencroft, senior vice president Worldwide Sales and Marketing, DocsCorp said: "The acquisition of DocuComp also broadens our offering. In addition to our compareDocs desktop solution, we now have an enterprise quality server-side solution."
"Equally, DocuComp clients will benefit from DocsCorp's expertise in PDF workflow management and integration. They will now have a complete new suite of products available to them to help manage the flow of documents in and out of the office,” he added.
DocsCorp acquires DocuComp customers and technologies
By Staff Writers on Mar 17, 2008 2:08PM