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 ...

Making its third software acquisition in a week, IBM said Thursday it would buy enterprise content management provider FileNet for US$1.6 billion in cash. Big Blue said it would use the FileNet ...

FileNet specializes in enterprise content management (ECM) and has a particular strength in imaging technology, a field it pioneered two decades ago. IBM said it's buying the company to fill a gap in ...

In an effort to beef up its presence in enterprise content management, IBM said today that it plans to buy FileNet Corp. for $1.6 billion in cash. According to market research firm IDC, IBM was third ...

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 offer ...

Being bought by IBM Corp. is “like I inherited a rich uncle,” says Lee Roberts, head of Big Blue’s Costa Mesa software unit. In October, IBM paid $1.5 billion for FileNet Corp., where Roberts was ...