Interesting times -- watch for Oracle to make a similar move next (although with EMC/Documentum and IBM/FileNet, the pure-play ECM vendor dance floor is getting kinda sparse...).
The purchase could be seen as an expensive play by IBM to compete head-to-head with Microsoft, which plans to integrate its own content management capabilities into Office SharePoint Server 2007.
Source: ENT News | News: IBM Acquisition Aimed at Microsoft?
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