Market leader in end-to-end process intelligence and workflow automation, Nintex announced the acquisition of robotic process automation (RPA) leader, Kryon. This acquisition is aimed at accelerating the capabilities of intelligent process automation (IPA) for the Nintex Process Platform.

Nintex CEO Eric Johnson, said, “We are excited to welcome the Kryon team and look forward to offering Nintex customers and community members more advanced automation capabilities and automated process discovery technology within our platform. With Kryon’s innovative capabilities for RPA and process discovery, we are executing on our strategy to continually expand the breadth and depth of our process platform to ensure organizations in both the public and private sectors gain digital process competitive advantages.”

RPA offerings from Krayon are helping organizations with AI-driven attended and unattended RPA bots which will provide fast ROI. Companies can recognize repetitive work processes, visually map the main path and development of any process, assess the eligibility of the automation process, and immediately optimize workflows with the support of Krayon’s process discovery technologies.

Kryon CEO Harel Tayeb, said, “Our global team is thrilled to join forces with a market-leading software company like Nintex, which also has a strong reputation for being a great place to work in every region of the world. We are ready to quickly infuse our process discovery technology and the next generation of RPA into the Nintex platform to ensure organizations are realizing their fullest digital business potential with intelligent automation.”

Industry leaders like AIG, Verizon, LTCG, and CP all use Kryon’s RPA technology, process discovery, and RPA-as-a-Service solutions to better understand and improve their operations, resulting in significant time and cost savings. Nintex’s first acquisition under its new majority shareholder TPG, and the company’s third in 16 months, is Kryon.