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DocuLynx acquires Anacomp's docHarbor online & document management divisions

Friday, September 03, 2010

Press release from the issuing company

DocuLynx Inc., a leading provider of document archive and retrieval, electronic distribution, and web presentment solutions, announced today the acquisition of the docHarbor Online and Document Management divisions of Anacomp, a 42-year old company that specializes in business process solutions. The acquisition significantly increases DocuLynx's already robust document archive and retrieval capabilities.

Under the terms of the agreement, DocuLynx acquired the docHarbor Online and Document Management divisions of Anacomp for a purchase price of $27.5 million effective as of September 1, 2010.

Anacomp's established computer output microfiche (COM) capabilities; CD services; document scanning; report printing; analog to digital conversion; docHarbor online web presentment solution; and proven business processes combined with DocuLynx' extensive portfolio of industry-leading digital Mercury software solutions provides a unique opportunity for business environments with deployed microfiche-based document management systems as well as those with digital systems requirements. Additionally, the acquisition expands DocuLynx's service provider customer base to include several verticals where Anacomp has an entrenched presence, including banking and finance, manufacturing, insurance, healthcare, telecom, government and utilities. The Anacomp divisions are expected to be fully integrated into the business model of DocuLynx.

"The acquisition of these business units from Anacomp makes it possible for DocuLynx to provide enterprises with a full spectrum of capabilities, as well as expand our offerings further to include document and microfilm scanning, data analytics, and enhanced security capabilities on the web,"  said Terry Wieczorek, president and CEO of DocuLynx. "Broadening our scope of capabilities supports our goal as a company to continue to lead the way in this ever-evolving document management market."




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