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Nuance Completes Sale of Document Imaging Division to KofaxBURLINGTON, Mass., Feb. 01, 2019 (GLOBE NEWSWIRE) -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced the company has completed the sale of its Document Imaging division to Kofax, Inc. for $400 million, as previously announced. The sale allows Nuance to focus the business on its conversational AI- and cloud-based solutions, while simplifying the organization and improving its growth profile. With the sale to Kofax, the Document Imaging division joins a company strategically aligned with its product portfolio providing a path forward for continued growth. About Nuance Communications, Inc. Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners. Investor and Press contact: |