Thursday, July 06, 2006

ECM - and then there were fewer left

The consolidation in ECM (Enterprise Content Management) industry seems to be unstoppable - no one seems to be able to buck the trend - it's an open question as to how long Filenet will survive as an independent company.

The latest one to bite the dust maybe Hummingbird After reports in May that they were selling out to Symphony Technology Services, OpenText today hiked the offer price by $1 over the Symphony Offer. OpenText and Hummingbird make sense from a geographical standpoint - two Canadian companies in the ECM space. From a product standpoint though, there is a lot of overlap - I guess only one set of products will survive eventually. OpenText does stand to double its installed base though if this merger goes through.

technorati tags: , , , , , , , , , , ,

No comments: