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Kofax Buys Kapow Technologies

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Irvine-based Kofax has acquired Kapow Technologies , a provider of data integration software, the firm announced Wednesday. Kofax said the acquisition will help grow its sales organization and accelerate its software revenue growth. Kapow''s investors included Steamboat Ventures and Morgan Stanley, among others.

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Passenger Expands Board

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Studenmund is an advisor focused on startups, rapid growth, turnaround, and merger and acquisition, and was previously Chief Operating Officer at Overture. Studenmund also serves on the boards of Orbitz, eHarmony, Western Asset, and was on the baord of aQuantive before its acquisition by Microsoft. READ MORE>>.

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Move Networks Confirms It Is Looking For A Buyer, Lays Off Staff

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In a statement, Dan Beldy, Managing Director at investor Steamboat Ventures, and member of Move's board, said that the board decided that "the time is right to undertake a disciplined exploration of the full range of value maximizing opportunities." READ MORE>>.