IBM to acquire FileNet for USD 1.6 Billion

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IBM to acquire FileNet for USD 1.6 Billion
US based tech giants IBM continues to acquire more companies to expand into the services market. IBM has now confirmed that they are acquiring business process and enterprise content management specialist FileNet.
The deal would be conducted in a cash only transaction and is worth around USD 1.6 billion. [...]

http://business.techwhack.co/1055/ibm-to-acquire-filenet/