Making its third software acquisition in a week, IBM said Thursday it would buy enterprise content management provider FileNet for US$1.6 billion in cash. Big Blue said it would use the FileNet ...
The all-cash deal values FileNet at $35 a share, a slim premium to FileNet's $34.65 closing price on the Nasdaq Stock Market on Wednesday. If shareholders approve, the deal would close in the fourth ...
In an effort to beef up its presence in enterprise content management, IBM said Thursday it was buying FileNet Corp. for US$1.6 billion in cash. According to market research firm IDC, IBM was third in ...