Tungsten Corp. Says Deadline for Kofax to Make Offer is Extended; Board Is Minded to Recommend It

Tungsten Corporation plc is a provider of digital financial management products and software solutions. The Company is engaged in e-invoicing, purchase order services, analytics and financing business. The Company operates through Tungsten Network segment, which includes the e-invoicing and spend analytics business of Tungsten Network. The Company offers both accounts payable and accounts receivable e-invoicing solutions. Its Tungsten Workflow solutions helps its customers in matching purchase order (PO) based invoices, approving nonstandard invoices and processing exceptions. Tungsten Network connects buyers to their suppliers, enabling tax-compliant electronic invoicing. Its software translates and validates each supplier invoice, and allows suppliers to check invoice status online.