SER Group Acquires Klippa to Expand AI-Powered Smart Content Platform

TA Associates Makes Strategic Growth Investment in SER

May 21, 2024

Software

TA Associates has agreed to make a strategic growth investment in SER, the Bonn-based Intelligent Content Automation (ICA) software vendor, with Carlyle remaining an investor. The capital will support SER's international expansion, further AI innovation in its Doxis platform and continued shift to a subscription-first model; the transaction is subject to customary regulatory approvals.

ProcessMaker Acquires Doculayer to Add Intelligent Document Processing

September 27, 2022

AI & Machine Learning

ProcessMaker has acquired Doculayer, an Amsterdam-based intelligent document processing (IDP) specialist, to integrate next-generation document classification and data-extraction capabilities into its low-code business process management platform. The deal brings Doculayer's AI/ML-powered OCR and unstructured-document processing into ProcessMaker's product suite to accelerate process automation, improve compliance, and deliver greater operational efficiency for enterprise customers in banking, higher education, and manufacturing.

SMA Technologies Acquires Encapture

November 7, 2024

Cloud & SaaS

SMA Technologies has acquired Encapture, an intelligent document processing (IDP) and image lifecycle management platform, to expand its OpCon automation capabilities for banks, credit unions and other financial institutions. The deal adds machine learning‑driven OCR, document verification, and loan origination/compliance capabilities to SMA's workflow and orchestration offering, enabling deeper front- and back‑office automation for financial customers.

JAGGAER Acquires DocSkiff

February 8, 2022

Cloud & SaaS

JAGGAER has acquired DocSkiff Inc., an AI-powered contract analysis platform, and will integrate it into the JAGGAER ONE Contracts+ solution as JAGGAER Contracts AI. The deal expands JAGGAER's contract lifecycle management and AI capabilities, enabling automated contract ingestion, review and analytics across its source-to-pay suite.

BP3 Global Acquires transformAI

March 25, 2021

AI & Machine Learning

Austin-based BP3 Global has acquired San Jose-based transformAI, an Intelligent Document Processing (IDP) provider that combines RPA and AI. The transaction adds transformAI's IDP technology and hosted managed-service capabilities (including Sherpa and FastTrack APIs) to BP3's intelligent automation offerings to accelerate solutions for accounts payable, insurance claims, medical records and other document-heavy workflows.

Jasper Acquires Clipdrop from Stability AI

February 20, 2024

AI & Machine Learning

Jasper has acquired Clipdrop, an AI image creation and editing platform, from Stability AI; the deal closed on February 20, 2024. Clipdrop’s Paris-based team will join Jasper to accelerate multimodal image capabilities inside Jasper’s marketing copilot and the product is available to Jasper customers immediately via the Jasper API.