EMC Announces Takeover Offer for Document Sciences

December 28, 2007: Continuing the run of 11th hour acquisition announcements, on Thursday EMC said that it has offered to buy the document management output software firm Document Sciences for US$85 (AU$98.2) million.

EMC already offers Document Sciences’ xPression products with its Documentum platform, however, by purchasing the company outright it will be able to deftly expand its transactional content management capabilities – the fastest-growing segment of enterprise content management according to EMC.

xPression enables the automation of both the creation and delivery of personalised communications, from contracts, policies and high-volume relationship statements, to customized marketing collateral and correspondence. It will allow EMC to offer a single all-in-one solution encompassing archiving, records management, document output management and business process management.

“Core to delivering high-value transactional content management (TCM) solutions is a complete suite of technology, including high-volume, content-rich task processing, sophisticated capture, business process management, records management and archiving, as well as automated document output management,” said Mark Lewis, President, Content Management and Archiving Division at EMC.

“The proposed acquisition of Document Sciences would make EMC the first to offer all of these major capabilities in an all-in-one, integrated suite.”

EMC claims Document Sciences will become a business unit within its content management and archiving division. The deal is expected to be closed in Q1 of 2008.

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