The document productivity vendor Nitro Software has acquired the document software technology PDFpen for $6 million. PDFpen is a suite of PDF productivity applications for Apple Mac, iPhone and iPad devices, including digital signatures, Optical Character Recognition (OCR), PDF editing and cloud storage.
The technology was acquired from US-based Smile Inc., which also sells communications software platform TextExpander. This is a funny coincidence, since, without knowing about the acquisition, our RPA software team reviewed TextExpander earlier today in its Mac Desktop Automation blog post.
Nitro said PDFpen “strategically expands” its Nitro Productivity Platform to Apple PCs and mobile devices, reaching more knowledge workers globally.
The deal is also Nitro’s first since getting listed on the Australian Securities Exchange in late 2019.
The acquisition is subject to customary closing conditions, which Nitro expects it would meet by 9 July 2021.