Feeds

IBM files away FileNet for $1.6bn

Information game

Secure remote control for conventional and virtual desktops

IBM has made its third software acquisition in two weeks, buying FileNet for $1.6bn in cash to beef up its "information on-demand" strategy.

Ownership of FileNet, a provider of business process and content management software, will help IBM address growing opportunities in software, services, new partnerships and industry based consulting, IBM said Thursday.

The deal is particularly tasty for IBM because of FileNet's technology and process experience in the verticals of financial services, government, healthcare, insurance, manufacturing, oil and gas, and utilities.

IBM will combine FileNet's operations with its content management business in the information management unit under general manager Ambuj Goyal, and integrate IBM's business process management and services oriented architecture technologies with the FileNet platform

News of the deal follows last week's acquisitions announcements over Webify Solutions and MRO Software, and is expected to close in the fourth quarter, pending FileNet share holder approval.®

Choosing a cloud hosting partner with confidence

More from The Register

next story
BIG FAT Lies: Porky Pies about obesity
What really shortens lives? Reading this sort of crap in the papers
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.