Upland Software Announces Acquisition
AUSTIN, Texas, Jan.11, 2017 /PRNewswire/ — Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management software, today announced that it has acquired Omtool, an award-winning enterprise document capture, fax, and workflow solution.
“We are pleased to welcome Omtool and their valued customers and partners to Upland,” said Jack McDonald, Chairman and CEO of Upland Software. “This strategic acquisition enhances our workflow automation and document management product family by adding powerful capture, security, and compliance capabilities and strengthens our position in the financial services, legal, and healthcare verticals.”
“Upland and Omtool power some of the most efficient organizations,” said Karen Cummings, General Manager of Omtool. “We look forward to ensuring the ongoing success of Omtool customers, partners, and team by leveraging Upland’s enterprise-class service, support, and cloud expertise.”
About Upland Software
Upland Software (Nasdaq: UPLD) is a leading provider of cloud-based Enterprise Work Management software. Our family of applications enables users to manage their projects, professional workforce and IT investments, automate document-intensive business processes and effectively engage with their customers, prospects and community via the web and mobile technologies. With more than 2,500 customers and over 250,000 users around the world, Upland Software solutions help customers run their operations smoothly, adapt to change quickly, and achieve better results every day. To learn more, visit www.uplandsoftware.com.
Omtool is a trusted partner for document capture, fax and workflow solutions. The company designs and builds software solutions that serve as the foundation for secure document process automation for customers that include some of the world’s largest financial institutions, hundreds of healthcare providers and legal firms, and companies across virtually every industry.