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Friday, August 11, 2006

IBM will acquire FileNet to bolster software arm

IBM will acquire FileNet to bolster software arm
By Jennifer Levitz And Charles Forelle
The Wall Street Journal Europe
11 Aug 2006

Stepping up efforts to boost its software business through acquisitions, International Business Machines Corp. agreed to buy FileNet Corp. for $1.6 billion, or $35 a share. The purchase of the Costa Mesa, California, maker of content-management... read more...

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