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IBM announced it is acquiring Filenet for $1.6 Billion. IT seems IBM's buying spree continues unabashed. And just as it finally brought together all of it's process engines and rationalized that offering, it goes and buys yet another one. Probably not to dredge up all that BPM confusion again, IBM is positioning FileNet squarely as an ECM solution, after years of FileNet trying to gain respect as a full fledged event driven BPM.

Bottom line, IBM bought a competitor it was most worried about. It's done that before, and has proved to be a winning stragegy for IBM.

Posted by bethgb at 08:54 AM in Industry News | Digg This | Add to del.icio.us