It looks like Top Image Systems 2004 acquisition of Japanese reseller Toyo, Inc, is starting to pay off. TIS Corporate recently reported that TIS Japan would account for 20% of the company’s revenue in 2005. Through the first three quarters of 2005, TIS had reported 63% growth over 2004, and a conservative estimate would place its 2005 corporate revenue at $16 million. This means TIS Japan accounted for a little over $3 million with TIS counting on it to grow to more than $5 million in 2006.
By Petr Kramerius, Regional Manager at Infosource Following their decision to integrate their businesses last year, Ricoh and Toshiba have finalized the establishment of a joint venture to be known...