Nuance Communications has agreed to sell its Document Imaging division to automation software provider Kofax in a deal that is expected to be finalized sometime near the end of Nuance’s second fiscal quarter early in the spring of 2019.
The move comes as Nuance looks to streamline its operations and focus exclusively on its conversational AI and cloud-based products, a transitional process that began last spring with the hiring of new CEO Mark Benjamin.
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