Konica Minolta Acquires ECM Business Segment from ThoughtTrace

January 15, 2019

Konica Minolta Business Solutions U.S.A., Inc. purchased the Enterprise Content Management (ECM) business segment from ThoughtTrace, Inc., a Houston-based software company, allowing Konica Minolta to expand its ECM and land administration offerings for oil & gas and downstream customers. ThoughtTrace divested the ECM segment to focus on its AI-driven ALI platform for contract and document analytics.

Buyers
Konica Minolta Business Solutions U.S.A., Inc.
Targets
ThoughtTrace, Inc. (Enterprise Content Management business segment)
Sellers
ThoughtTrace, Inc.
Industry
Software
Location
Texas, United States
Transaction Type
Divestiture

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