Brainware

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Brainware
Private
Headquarters Ashburn, Virginia, USA
Key people
Carl Mergele, EVP/General Manager
James Zubok, VP of Business Development/Strategy
David Mountcastle, VP of Finance
Neil Moses, VP of Operations
David Luzier, CTO
Products Intelligent data capture for document-based business process automation, enterprise search
Website www.brainware.com

On March 5, 2012, Lexmark International announced[1] it had acquired the company for a cash price of approximately $148 million. The company is now part of Lexmark's Perceptive Software division.

Brainware is an American software company that markets data capture and extraction products.[2] The company spun out of Dulles-based SER Solutions Inc. in February 2006 when SER was acquired by The Gores Group LLC. From February 2006 to March 2012, Brainware’s majority owner was San Francisco-based private equity firm Vista Equity Partners.[3]

Brainware is headquartered in Ashburn, Virginia, USA, with sales, support, professional services and R&D offices in London, UK, Kirchzarten, Germany and Neuchâtel, Switzerland. The company has partnerships with most major enterprise software providers, including Oracle, SAP and Microsoft, and claims its software integrates with most available enterprise content management platforms. Brainware has also partnered with a number of hardware providers, notably Hewlett-Packard, Fujitsu and OPEX.[4]

Brainware claims its software "can relieve a company of 60 percent to 80 percent of the work of manually keying in information from unstructured documents,"[5] and services large companies such as NEC, Mayo Clinic, Bechtel, Royal Dutch Shell and Rabobank.[6]

In a 2011 comparison report, Real Story Group classifies Brainware as a "Capture Solutions" vendor, competing directly with Kofax and ReadSoft.[7]

Brainware and its customers have been profiled in publications including Profit Online,[8] Business Finance,[9] imageSource,[10] Managing Automation,[11] Industryweek,[12] Treasury & Risk[13] and others. The company's enterprise search technology has been profiled by InfoWorld.[14]

See also

References

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