IBM has acquired Datacap, a company that provides a data and document capturing and processing software. Terms of the deal were not disclosed.
Datacap develops software solutions for data and document capture. Taskmaster is a full function capture platform for forms processing, distributed capture, document capture and document identification. Improve efficiency, reduce costs, increase accuracy and feed workflows for maximum productivity in a demanding world. Datacap extracts and converts data from a number of file types, including email files, JPEG and GIF image files, and PowerPoint presentations in seconds.
IBM says that the acquisition will help its customers “digitize, manage and automate their information assets, particularly in paper-intensive industries such as healthcare, insurance, government and finance.”