IBM buys document capture vendor Datacap

Company's technology allows customers to quickly extract information from unstructured formats

IBM made the latest in its long run of acquisitions on Tuesday, announcing the purchase of document capture software vendor Datacap. Terms of the deal were not disclosed.

Datacap's technology allows customers to quickly extract information from unstructured formats, such as tax returns, invoices and claim forms, saving time and money over manual processes, according to a statement.

While IBM already had similar capabilities via its FileNet acquisition, it intends to make Datacap's software "the foundation" of its document capture strategy, the company said.

Meanwhile, companies and government organizations are facing an ever-increasing amount of unstructured data as well as regulatory pressure to improve records management, IBM said.

Datacap's roughly 200 customers include government clients like the Virginia Department of Taxation and health-care provider Blue Cross Blue Shield of Arizona. Customers' investments in Datacap products will be preserved, according to IBM.

In addition, Datacap CEO Scott Blau has been named director of enterprise content management at Big Blue.

IBM and Datacap are long-time partners. Datacap also partners with IBM rivals in the content management market, such as Oracle, Open Text and EMC.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris's e-mail address is Chris_Kanaracus@idg.com

Join the PC World newsletter!

Error: Please check your email address.

Tags business issuesMergers / acquisitionsapplicationsIBMcontent managementsoftware

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Essentials

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?