Foxit Software Acquires PDF Document Optimization Software Company CVISION
Foxit Software, a provider of PDF solutions, has acquired New York-based CVISION Technologies, a PDF software company. CVISION captures PDF documents and optimizes them through optical character recognition (OCR) processes powered by its patented technology.
The company also utilizes file compression technology to streamline PDF file size for more rapid file transmission, faster access to documents on mobile platforms, and cost-efficient document storage.
According to Foxit, the acquisition of CVISION builds upon its 2015 acquisition of Luratech Software and will enable the company to gain global leadership in the high volume, enterprise automation market for PDF compression, OCR solutions, and conversion.
Foxit says that CVISION has thousands of corporate clients in a variety of industry sectors including finance, banking, accounting, legal, education and federal, state and local government, with notable PDF customers including Ford Motor Co., New York Stock Exchange, Chase, GE Power & Water, Bank of America, and Verizon.
For more information, go to www.foxitsoftware.com.