Open Text makes another acquisition
As the two giants of the legal DMS world* – Open Text and Autonomy iManage – jockey for position, Open Text has just announced another acquisition: Montreal-based Nstein
Technologies Inc (a provider of digital content management
solutions) is being acquired for approximately CDN $35 million. Nstein systems are sold across several market segments, including media & information services, life sciences and government. The transaction is expected to close in Q2 and is subject to usual closing conditions & regulatory approvals.
* Well, until such time as Microsoft achieves its global domination plans and turns SharePoint into a viable out-of-the-box DMS?