Prysm has completed the acquisition of Kaybus, a provider of cloud-based Knowledge Automation software for business.
Integration of the Kaybus development team and technology into Prysm Application Suite is already underway.
Prysm
says the deal will benefit its existing users in four ways. security enhancements, enhanced language flexibility, more
robust search functionality and corporate-grade and secure single sign-on.
New functionality from this acquisition is expected to
begin to appear in Prysm Application Suite starting in Q3 of 2017.
Amit Jain, CEO of Prysm
said, "We are working quickly to incorporate the many advantages that Kaybus brings to Prysm Application Suite.”
“This is a strategic technology acquisition for Prysm,” explained Ira M. Weinstein, senior analyst and partner at
Wainhouse Research. “The Prysm environment excels at helping users create and collaborate across various types of content,
and integrating the Kaybus technology into its portfolio will make that content searchable, more easily accessible, and
more valuable to Prysm customers.”
All Kaybus employees, based primarily in California and India, are now Prysm employees.