Kofax, an information capture vendor, has acquired San Diego-based automated text classification and extraction developer Mohomine in a cash transaction. Kofax is the product-development subsidiary of DICOM Group plc. Kofax expects to release the first products incorporating Mohomine technologies later this year. Mohomine will continue to license and support its technologies for its current customers as well as continue to actively seek new customers for licensing both within and outside of Kofax’s traditional markets. Mohomine was originally funded by Winward Ventures, Hamilton Technology Ventures, and In-Q-Tel, a venture group funded by the U.S. Central Intelligence Agency. Mohomine brings two patented technologies to Kofax: MohoClassifier and MohoExtractor.
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