Monday, October 25, 2010

Canon and Kofax Expand Partnership

Canon recently announced that it has signed a distribution agreement with Kofax to distribute its scanners throughout the Middle East. The deal was signed by Canon Middle East and covers 15 countries. According to the press release, "Kofax will provide equipment distribution, service and fulfillment support. This marks a significant partnership following Canon’s decision last year to include Kofax’s VirtualReScan (VRS) software, the de-facto standard for scanning productivity and quality with all professional scanner models distributed in EMEA."

So, it certainly shows an expanded releationship between the two companies and is good for Kofax's hardware business, was has notably been losing revenue and profits in recent years.

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