Top Image Systems (TISA) to Acquire eGistics in $18M Deal

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Go back to Top Image Systems (TISA) to Acquire eGistics in $18M Deal

Top Image Systems to Acquire U.S.-Based Cloud Software and Solutions Company eGistics

July 8, 2014 8:39 AM EDT

NEW YORK and TEL AVIV, Israel, July 8, 2014 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq: TISA)

Acquisition to deliver on numerous TIS strategic growth initiatives:

Reinforce growth of TIS Americas via additional U.S. office and tripling of U.S. headcount to over 65 Extend cloud and SaaS capabilities Bring major customers including 4 of top 5 U.S. banks Expand addressable market opportunity through alignment of complementary product offerings Enable new solutions and increase subscription-based revenues by... More