IBM recently announced the acquisition of Datacap, which both companies expect will result in a highly productive relationship based on their offering of industry-leading ECM solutions and services. The organizations had worked together for 15 years prior to IBM”s acquisition, which will eliminate any possible time that would have been required to integrate Datacap products to IBM solutions.
Various new regulations now make ECM solutions business critical for companies in a number of organizations. IBM”s ECM products will benefit from Datacap”s image capture capability. According to IBM, this was a major aspect of the proposed deal. For Datacap, the deal with IBM will expand its global reach significantly.
“By teaming with IBM, we will now have the reach to satisfy customer demand around the globe,” said Scott Blau, former CEO of Datacap and now director of enterprise content management for IBM. “After 15 years partnering with IBM, we”ll hit the ground running with products that are tightly integrated into the IBM ECM offerings and can compete across the board in document capture.”
Acquisitions have been a major trend in the IT sector for most of 2010. In fact, IBM announced earlier this year it had acquired Sterling Commerce. Other major acquisitions include SAP”s purchase of California-based mobility solutions provider Sybase, which recently became official following regulatory approval.