If it's Friday, it must be another IRIS acquisition
The IRIS Group – no, not the UK-based one but the Brussels Euronext-quoted outfit that last week bought Morningstar – has made another acquisition. This time is a Docutec, a German-based developer of invoice recognition and document classification systems. The full name of this IRIS business is Image Recognition Integrated Systems Group SA and last year the group achieved sales of 81 million euros and now it appears to be embarking on a world domination strategy. Could Etienne Van de Kerckhove, the CEO of IRIS, be set to become the most famous Belgian today (other than Tintin obviously)?