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 http://www.hummingbird.com. 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: ECM, Enterprise, Content, Management, BPM, Document, Management, Canada, Acquisition, Merger, Consolidation,