With this acquisition, the German enterprise software developer will integrate Blumatix’s Intelligent Document Processing (IDP) solutions into its portfolio to offer more comprehensive AI capabilities that drive business value through more efficient and intelligent processes.
Blumatix Intelligence, an Intelligent Document Processing (IDP) vendor, announced on February 3, 2025, that enterprise software vendor CSS Group has acquired a majority stake in the company. According to CSS, Blumatix will remain an independent organization within the group, with Blumatix Co-Founder and CEO Martin Loiperdinger continuing to lead the company as Managing Director.
Martin Loiperdinger, Co-Founder and CEO of Blumatix, commented: “I am delighted that we can combine our many years of know-how in the field of AI with CSS’s in-depth expertise in the area of commercial corporate management. This partnership enables us to develop AI-based, forward-looking solutions that make corporate management more efficient and effective. For our customers, this means real added value in the form of optimized processes, greater efficiency and sustainable competitive advantages.”
Robert Lindner, CEO of CSS, explained: “With Blumatix, we are gaining a strong AI specialist both in document recognition and in the application of state-of-the-art AI models. The acquisition will allow us to significantly expand the AI expertise in our organization, establish development know-how on the Austrian market and ultimately drive forward the use of artificial intelligence in a targeted manner. For our customers, this means a significant acceleration in the automation of their business processes,” explains Robert Lindner, CEO of CSS.
Financial terms of the deal were not disclosed.
Headquartered in Salzburg, Austria, Blumatix Intelligence GmbH is a manufacturer of artificial intelligence for documents that rethinks the processing of documents, is constantly on the cutting edge by incorporating the latest research results from the field of artificial intelligence into its product development.
You can find the full press release here (DE only).
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