NEWS
Open Text to Acquire Nstein Technologies
Waterloo,
Ontario and Montreal, Quebec - 2010-02-22 - Open Text Corporation
(NASDAQ:OTEX) (TSX: OTC), the preeminent provider of Enterprise Content
Management (ECM) capabilities, and Nstein Technologies Inc. (TSX-V:
EIN), a leader in digital content management solutions for
information-rich organizations, today announced that they have entered
into a definitive agreement by which Open Text will acquire all of the
issued and outstanding common shares of Nstein through an Nstein
shareholder-approved amalgamation with a subsidiary of Open Text under
the Companies Act (Québec). Read
more »
Iron Mountain Acquires Mimosa Systems
Boston
- February 2010 - Iron Mountain Incorporated, an information management
services company, has announced it has acquired Santa Clara,
California-based Mimosa Systems, Inc., an enterprise-class content
archiving solutions organisation, for approximately $112 million in
cash, subject to closing adjustments. The deal provides Iron Mountain
with an integrated archive for email, SharePoint data and files, and
gives the company an on-premises archiving option to complement its
existing cloud-based archives. The ability to archive and manage data
both onsite, inside the customer’s firewall and remotely, in the cloud,
makes Iron Mountain a one-stop shop for data capture, archiving and
management. It also provides the company’s customers with greater
flexibility and choice for managing their information. Read
more »
Oracle® Buys AmberPoint
Redwood
Shores, California - February 2010 - Oracle has agreed to acquire
AmberPoint, a company which specialises in Service-Oriented
Architecture (SOA) Management.The addition of AmberPoint demonstrates
Oracle’s commitment to provide customers with a comprehensive Oracle
Fusion Middleware SOA offering that helps improve performance and
reduce IT costs through end-to-end SOA management and Business
Transaction Management solutions.
The transaction is expected to
close the first half of this year. Financial details of the transaction
were not disclosed. “AmberPoint has been providing our customers with
tremendous value through governing and managing composite applications,
and we expect that this combination with Oracle will provide enterprise
customers with a comprehensive offering that enables even more
real-time visibility into their business processes,” said John
Hubinger, AmberPoint CEO. Read
more »
Autonomy Corporation buys MicroLink for $55 million
London
- February 2010 - Autonomy Corporation PLC, an infrastructure software
company, has announced the strategic acquisition of MicroLink, LLC, an
Autonomy reseller, targeting U.S. state and federal government
accounts, for a purchase price of $55 million in cash, after disposal
of a portion of the MicroLink business prior to the transaction, and is
based on a zero net working capital position. The transaction is
intended to accelerate the adoption of Autonomy technology in this
important and growing area of U.S. government expenditure, allowing
Autonomy to take a larger part in these contracts. Read
more »
Xerox
Completes Acquisition of Affiliated Computer Services - Creates $22
billion business process and document management organisation
Norwalk,
Connecticut and Dallas, February 2010 - Xerox Corporation has completed
its acquisition of Affiliated Computer Services, Inc., ACS is a
diversified business process outsourcing (BPO) firm. Its expertise is
in automating work processes and providing BPO and IT outsourcing
services that range from processing over 1 million credit card
applications and 12 million student loans each year to providing HR
services for more than 4.4 million employees and retirees annually.
Read
more »
Bentley Systems acquires Enterprise Informatics and Exor Corporation
Orlando,
Florida – February 2010 - Bentley Systems, Incorporated, a company
dedicated to providing comprehensive software solutions for the
infrastructure that sustains our world, has announced that it has
acquired Enterprise Informatics, Incorporated and Exor Corporation.
These strategic acquisitions accelerate Bentley’s focus on value
creation for owner-operators – enabling operations and maintenance to
take full advantage of information modelling and thus, realize the
potential of “intelligent” infrastructure assets. Read
more »
Metastorm expands in Asia to address growing demand for Business Process Improvement Technology
Baltimore,
MD USA and Hong Kong, China - February 2010 - Metastorm, a provider of
Business Process Management (BPM), Business Process Analysis (BPA) and
Enterprise Architecture (EA) software for aligning strategy with
execution, has announced the expansion of its Asia-Pacific operations –
including the opening this week of a new Hong Kong office and the
appointment of Paul Watts as Director of Asia Operations – to address
growing demand for its software in the region. Read
more »
CDC Software Signs Term Sheets to Acquire Two More SaaS Offerings For its CDC gomembers On Demand Platform
Shanghai
and ATLANTA - February 2010 - CDC Software Corporation, a provider of
enterprise software applications and services, has announced it has
signed binding term sheets to acquire two additional software as a
service (SaaS) enterprise solution businesses as part of its previously
announced strategy to expand its offering in the growing on-demand
software market. Read
more »
Day delivers 65% license growth for 2H 2009
Basel,
Switzerland and Boston, Massachusetts - February 2010 - Day Software
Holding AG, a provider of content management and content infrastructure
software, has announced financial results for the second half and year
ended December 31, 2009. The year saw Day Software win major new
customers, expand into new regional markets and build a stronger
distribution channel through new partnerships with leading interactive
agencies and global systems integrators. “In 2009, we invested in
people, products, and partners to take our new CQ5 platform to market
and drive growth,” said Day Software CEO Erik Hansen. “The
increased importance of the Web channel as a business growth driver and
the rise of cloud computing and social media are creating strong demand
for a new class of content management solutions..” Read
more »
SAP Returns to Co-CEO Structure with Bill McDermott and Jim Hagemann Snabe
Walldorf,
Germany - February 2010 - SAP AG has announced that the SAP Supervisory
Board has reached a mutual agreement with CEO Léo Apotheker not to
extend his contract as a member of the SAP Executive Board. Léo
Apotheker has resigned as CEO and member of the SAP Executive Board,
effective immediately. The SAP Executive Board, in agreement with the
SAP Supervisory Board, has appointed two Co-CEOs: Bill McDermott, head
of field organization and Jim Hagemann Snabe, head of product
development, both already members of the SAP Executive Board. “The new
set up of the SAP Executive Board will allow SAP to better align
product innovation with customer needs.” said Hasso Plattner,
Co-Founder of SAP and Chairman of the SAP Supervisory Board. Read
more »
Esker
Continues Development in Asia with New Subsidiary - opens new
subsidiary in Malaysia, furthering advancement into Asian market
Madison,
Wisconsin - February 2010 - Esker, a document process automation
solutions company, has announced the addition of a new subsidiary in
Malaysia. Esker has been established in Singapore since 2006 and the
Malaysian opening falls in line with the company’s 2010 strategic
development plan to strengthen its presence in Asia. The new subsidiary
based in Kuala Lumpur will allow Esker to further penetrate and service
the growing Asian market. With the second highest GDP in South East
Asia, Malaysia is recognized as a newly industrialized country with
rich natural resources, hosting a large number of local and
multinational companies. Read
more »
BlueCielo Appoints New CEO to Support Next Phase of Growth
Rijswijk,
The Netherlands – February 2010 – BlueCielo ECM Solutions, a global
software company offering Engineering Content Management (ECM)
solutions, has announced the appointment of Luuth van der Scheer as the
company’s new Chief Executive Officer (CEO). As an experienced and
well-respected Chief Executive, van der Scheer brings more than 30
years of leadership experience in the infrastructure and process
industries. Van der Scheer has been named CEO to support the next phase
of growth in BlueCielo’s strategy. Martijn Janmaat, also a major
shareholder of the company, will focus solely on the Latin American
market and remain as President. Read
more »
Gilbane
Group joins Outsell, Inc., Deepens Coverage of the Technologies
Underlying the Transformation of the Information Industry
Burlingame,
CA, Cambridge, MA and London, UK- February 2010 - Outsell, Inc. of
Burlingame, CA and London, a research and advisory firm for the
information and publishing industries, and Gilbane Group, an
analyst and consulting firm, covering content technologies, have
announced that The Gilbane Group, based in Cambridge, MA, has joined
Outsell. The addition makes Outsell the only research and advisory firm
with 360-degree coverage of the information industry -established and
disruptive information providers, users, enterprises, advertisers,
libraries and the technologies underlying the industry’s evolution.
Read
more »
Kofax announces interim results for the six months to 31 December 2009
Irvine,
California – February 2010 - Kofax plc, a provider of document driven
business process automation solutions, has announced Interim Results
for the six months ended 31 December 2009. Commenting, Reynolds C.
Bish, Chief Executive Officer of Kofax said, “The first half of our
financial year yielded very positive results, with solid organic
revenue growth in our software business on both an “as reported” and
“constant” currencies basis. This is particularly gratifying as we
acquired and substantially integrated 170 Systems during this period
and, despite those efforts, both businesses performed in line with our
expectations. Moreover, the decline in our total adjusted EBITA masks
significant underlying improvement and leverage in our software
business due to an anticipated $2.1m loss from 170 Systems and lower
revenues and gross profit margins in our hardware business.” Read
more »
HCL Technologies continues expansion in the Middle East - Opens its regional headquarters in Dubai
Noida,
India and Dubai, UAE - February 2010 - HCL Technologies Ltd, a global
IT services company in India, has announced the opening of its regional
headquarters for Middle East operations in Dubai, UAE. This new
facility, housed in state-of-the-art Dubai Internet City, was
inaugurated by Mr. Shiv Nadar, Founder, HCL and Chairman & Chief
Strategy Officer, HCL Technologies in the presence of Mr. Malek Sultan
Al Malek, Executive Director, Dubai Internet City. HCL already services
more than 25 large organizations in Middle East and this headquarter
will become the hub for regional operations. HCL will offer services
across a wide range of service lines including Product Engineering and
R&D, Custom Applications, Enterprise Application Services,
Infrastructure Management Services, and BPO. Read
more »
Atalasoft partners with Datafinity to extend distribution to UK
Easthampton,
Massachussetts - February 2010 - Atalasoft, a company specialising in
.NET imaging SDKs, has announced that it is partnering with Datafinity
to distribute Atalasoft’s SharePoint Document Viewer software.
Datafinity is a distributor of Document Management, Capture and
Scanning Software in the United Kingdom. Read
more »
Xerox Leads Global Document Management Services Market
Rochester,
New York - February 2010 - Xerox Corporation leads the global document
management services market, according to analyst firm NelsonHall, in
its Document Management Market Forecast: 2009-2013 study. In addition
to being named the overall global leader in document management
services, Xerox tops the individual lists for each major region,
including North America, Europe, the Middle East and Africa, Latin
America and Asia Pacific. "The global document management market is
predicted to increase to more than $45 billion by 2013," said Rachael
Stormonth, senior vice president, NelsonHall. "Xerox's strength in
document management is a significant force in this growing market and,
by revenue, it is the market leader."
Read
more »
Accenture and SAS partner
New
York and Cary, NC – February 2010 - Accenture and SAS plan to expand
their strategic relationship by jointly developing, implementing and
managing next-generation predictive analytics solutions - a first for
both companies. As part of the expansion, the two companies intend to
jointly invest in the development of solutions focused on
industry-specific predictive analytics applications, starting with the
financial services, healthcare and public service sectors; as well as
cross-industry solutions in the customer and enterprise management
domains. They also plan to begin delivering sophisticated analytical
capabilities as a managed service. Read
more »
Capgemini acquires IBX - Launches Innovative On-Demand, Procurement-as-a-Service Solution
Paris
and Stockholm - February 2010 - Capgemini Group have announced the
acquisition of ondemand purchasing solutions provider, IBX and with it,
the availability of the industry’s first global endto-end,
Procurement-as-a-Service offering. Having collaborated together since
summer 2009, Capgemini and IBX decided to join forces in order to drive
development of a new global procurement service offering and further
expand the addressable market for IBX’s best-in-class technology. The
deal adds IBX’s strength in software-as-a-service purchasing technology
to Capgemini’s global sourcing, business process outsourcing (BPO) and
transformation expertise. Read
more »
BlueCielo Exercises Option to Up Stake in Brazilian Subsidiary - Increases stake in BlueCielo do Brasil from 51 to 99 percent
Rijswijk,
The Netherlands - January 2010 - BlueCielo ECM Solutions, a global
software company offering Engineering Content Management (ECM)
solutions, has announced that it has acquired a further 48 percent of
its Brazilian subsidiary BlueCielo do Brasil Soluções de Gerenciamento
Ltda, bringing its total stake in the subsidiary to 99 percent.
BlueCielo first acquired 49 percent of its Santo André-based reseller
PONTODOC in December 2008, which was BlueCielo’s first move towards
forming a strong, operational infrastructure in Brazil and the rest of
Latin America, where it has a broad customer base..
Read
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