In a move that further bolsters its software arsenal, IBM said Thursday that it will acquire data and content management software company FileNet for roughly $1.6 billion, or $35 per share. The ...

IBM Corp. said Thursday it plans to acquire Costa Mesa-based FileNet Corp. for $1.6 billion in yet another consolidation move in the software industry.

IBM's announcement of its $1.6 billion bid for FileNet is an indication that a power shift is taking place right now, one analyst said ...

When IBM decided to become the leader in the way companies manage documents, it approached rival FileNet Corp. in Costa Mesa and offered $1.6 billion. FileNet said yes on Thursday. But not without ...

IBM is acquiring FileNet, a provider of enterprise content management software, for about $1.6 billion, or $35 a share. FileNet is the 20th acquisition of IBM’s Information on Demand initiative ...

FileNet was among several companies selling the software, including EMC Corp. and OpenText Corp. IBM’s software package is seen to be weaker than FileNet’s, according to some analysts. Enterprise ...

IBM threw down a challenge to database rival Oracle on Thursday with a $1.6bn acquisition that marks its biggest software purchase in three years. The acquisition of FileNet, a company that sells ...

IBM Corp. said Thursday that it would buy Costa Mesa-based FileNet Corp. for $1.6 billion in cash as the technology giant expands its software offerings. But FileNet stock jumped above IBM’s ...

IBM (NYSE: IBM) and FileNet Corporation (NASDAQ: FILE) has announced that the two companies have entered into a definitive agreement for IBM to acquire FileNet, a publicly held company based in Costa ...

Latest IBM news. IBM to acquire FileNet for $1.6 billion, 08/10/06 IBM continued its run of SOA-related acquisitions Thursday, agreeing to buy business process and enterprise content management ...

IBM's planned $1.6 billion acquisition of content management software company FileNet sparked more talk of software industry consolidation, and speculation of what might happen next. AMR Research ...

In its third largest software acquisition and one that will further bolster its software divsion, IBM said Thursday that it will acquire data and content management software company FileNet for ...