Foxit acquires PDF software tools developer
Foxit Software has announced the acquisition of Debenu, a provider of software developer and end-user solutions for the global PDF market. Debenu’s CEO, Karl De Abrew, a long-time entrepreneur and visionary in PDF technology, was also a Founder of Nitro.
The Debenu team has extensive knowledge in architecting, developing, marketing, and selling PDF-related products, particularly PDF software development solutions. Debenu brings strong technical expertise in business verticals, including pharmaceuticals, healthcare, banking, and government.
The team will play a lead role in managing Foxit’s SDK business unit at a time when Foxit is preparing to deliver new technology to the global PDF market.
“We are excited to welcome Karl De Abrew and the entire Debenu team to Foxit,” said Eugene Xiong, Foxit Founder and Chairman of the Board.
“PDF is a vital and ubiquitous standard for digital documents. Yet, there is much to be done to advance the technology for today’s and tomorrow’s increasingly connected and data-driven world. The addition of Debenu, its technology, and talent to our team further positions Foxit to lead in this transformation.”
Debenu is another in a series of strategic PDF-industry acquisitions Foxit has made over the past two years. In October of last year, Foxit announced the acquisition of Germany-based LuraTech Imaging, a provider of scalable PDF software solutions for server-side document conversion.
In 2014, Foxit acquired Dataintro Software, headquartered in Spain, and maker of Ultraforms, a patented 2D barcode generation technology for PDF forms to enable fast and accurate data capture from paper documents.
“The PDF marketplace is increasingly heading toward sophisticated solutions for not only converting paper to searchable PDF files and basic PDF manipulation and viewing, but also making sense of content in PDF files and integrating those files and the knowledge of that content into workflows and information management systems,” said De Abrew.
“We look forward to being part of Foxit and bringing exciting new capabilities and tools to developers and end users around the world that will make PDF even more relevant and valued.”