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PSPDFKit Extends Document Technology Platform With Strategic Acquisitions of ORPALIS and Aquaforest

Combination advances PSPDFKit's leadership in the digital document enablement space; Brings together complementary PDF SDKs and solutions to provide developers with unparalleled expertise, tools, and technology for innovating beyond paperVIENNA, and RALEIGH, N.C., May 16, 2022 /PRNewswire/ -- PSPDFKit, the leading document processing and manipulation foundation for tomorrow's developers, today announced the acquisition of France-based ORPALIS Imaging Technologies and U.K.-based Aquaforest, leading providers of document imaging components and enterprise software solutions.The combination of PSPDFKit, ORPALIS, and Aquaforest creates a unique foundation for enabling developers to better execute on their roadmaps and thrive in an all-digital world. Backed by New York-based global venture capital and private equity firm Insight Partners, the combination harnesses the capabilities of three leading providers to deliver an unmatched level of document expertise and resources to enable developers and enterprises to innovate beyond paper.ORPALIS's expertise in .NET and Windows is combined with rare domain knowledge in OCR and PDF rendering engines. The company's core technology is focused on the application of OCR, barcode, PDF rendering and compression, MS Office, document conversion, document scanning, and document imaging capabilities to enterprise SDKs, offering developers the ability to deliver compelling solutions faster. For PSPDFKit customers, this ultimately means a more comprehensive OCR solution, AI-based document tools, deeper PDF expertise, and access to more than 3000 new capabilities across 100 new file formats.Aquaforest offers an enterprise software suite for PDF data extraction, OCR, and metadata tagging with SharePoint, Microsoft Power Automate, Azure, and Windows Servers. The addition complements PSPDFKit's acquisition of Muhimbi in January 2022, offering customers a comprehensive enterprise software solution for the low-code/no-code and SharePoint space, ensuring they can more effectively work with documents.
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