Apryse – a global leader in document processing technology – announced its most recent acquisition of LEAD Technologies, a leading provider of AI-powered SDKs for application development across all major platforms and programming languages.
This acquisition furthers Apryse’s reputation for creating the world’s most advanced and complete document processing platform for enterprises, strengthening both its product portfolio and healthcare capabilities.
Apryse’s product portfolio will now include LEAD’s flagship product, LEADTOOLS – which provides programmers with a powerful set of libraries for recognition, document, vector, medical, imaging, and multimedia development. And the acquisition also extends Apryse support for DICOM, PACS, medical imaging, and 3D processing solutions for EHR and pharmaceuticals with the addition of LEAD’s healthcare-centric portfolio, Medicor, including MiPACS.
This acquisition brings with it 85 employees and two new offices and marks the latest milestone for Apryse following recent announcements, including the acquisition of Qoppa, iText, and Eversign.
KEY QUOTES:
“The acquisition of LEAD Technologies is a large step towards unlocking unprecedented possibilities in AI-powered document-focused applications. By harnessing the collective expertise of two seasoned development teams, we’re accelerating advancements in our product capabilities in generative AI, IDP data extraction, form recognition, and image and document processing. This combination further cements our position as a trusted partner for enterprises looking to accelerate digital transformation and unlock their own data while retaining security and cost advantages.”
- Cassidy Smirnow, CEO of Apryse
“Today marks a new era for us. Adding our team of 85 alongside the ranks of Apryse’s existing 400+ strong poises us as one of the largest document processing companies on the planet. Between our now tens of thousands of customers and combined six decades of experience, we’re ready to go way beyond anything we’ve imagined before.”
- Moe Daher, Co-Founder of LEAD Technologies
