Powervision: M&A Boosts Cortex's eInvoicing Capabilities

Canada-based eInvoice network-as-a-service firm Cortex Business Solutions announced that it is acquiring Powervision for $7 million. Cortex will complete the deal through a cash payment of $4.75 million subject to customary holdbacks and adjustments, and a promissory note in the amount of $2.25 million. Founded in 1992, Powervision specializes in the development eDocuments management and workflow [...]