Magazine article Information Management

Acquisitions All Around

Magazine article Information Management

Acquisitions All Around

Article excerpt

UP FRONT News, Trends & Analysis

The research firm Meta Group predicts the enterprise content management market will exceed $10 billion by 2004. Furthermore, by 2006 more than 90 percent of "Global 2000" companies will have formalized electronic records management policies and the technology infrastructure to support them.

A few recent acquisitions have underscored the increasing popularity and tremendous growth of the content management segment. In the fourth quarter of 2002, IBM acquired all the assets of privately held Tarian Software of Ottawa, Ontario, Canada. Tarian provides technology for e-records management software, which is a growing requirement in regulated industries such as insurance, finance, and government.

IBM says the acquisition enables it to address a key customer need to digitize, integrate, and manage information across the enterprise in an effort to improve operational efficiencies and reduce costs.

Specifically, IBM plans to

integrate Tarian business operations and personnel into its data management software group, which is led by Janet Perna, general manager

market and sell Tarian technology worldwide through an integrated IBM and Tarian sales force

leverage Tarian technology across the entire IBM software portfolio including IBM Content Manager, DB2 Database, and Lotus software Another acquisition bombshell

came from Documentum, which signed an agreement to acquire TruArc, a records management technology company also based in Ottawa. …

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