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Nuance to Sell Document Imaging Division to Kofax
- Client News
- November 12, 2018
Paul, Weiss is representing Nuance Communications, Inc. in the $400 million all-cash sale of its document imaging division to process automation software provider Kofax, Inc. The deal is expected to close by the end of Nuance’s second fiscal quarter. Nuance is the pioneer and leader in AI speech recognition innovations.
The Paul, Weiss team was led by corporate partner Steven Williams and includes, among others, corporate partner Scott Barshay; tax partners Patrick Karsnitz and Jeffrey Samuels; real estate partner Peter Fisch; employee benefits partner Lawrence Witdorchic and counsel Jason Ertel; intellectual property partner Claudine Meredith-Goujon and counsel Jonathan Ashtor; antitrust counsel Marta Kelly; international trade counsel Richard Elliott; litigation counsel Peter Jaffe; and environmental counsel William O’Brien.