Crawford Technologies acquires Composition Research Technologies
February 25, 2020 By PrintAction Staff
Enterprise software provider Crawford Technologies has acquired Composition Research Technologies Inc. (CRT), a leading developer and marketer of technologies that recognize, compose, transform, and archive high-volume transactional documents.
The financial terms of the deal have not been disclosed.
CRT has been a reseller of CrawfordTech software since 2004. CRT will now operate as a wholly owned subsidiary of Crawford Technologies.
Located in Southwestern Virginia, CRT develops products designed to meet the challenges of government and defense-related document production and distribution as well as the high-volume document needs of financial institutions. The full CRT portfolio includes electronic records management, data manipulation and migration among all types of print streams. It will be added to the Crawford Technologies portfolio of workflow solutions and Crawford Technologies will be taking over the support and maintenance of CRT’s product line.
“CRT has grown by specializing in serving government agencies and contractors. By their nature, these organizations face data scalability problems of all kinds with the need to support millions of documents and complex databases,” said CRT CEO Philip Trzcinski. “With the strength of Crawford Technologies’ expertise and its advanced workflow solutions and support, this acquisition makes it possible to provide our customers with additional opportunities to be more efficient and reduce costs.”
Print this page