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2017 State of Technology Training

2017 State of Technology Training

Pluralsight recently completed an in-depth survey of 300 enterprises...

IT Briefcase Exclusive Interview: Keeping Your (Manufacturing) Head in the Clouds

IT Briefcase Exclusive Interview: Keeping Your (Manufacturing) Head in the Clouds

with Srivats Ramaswami, 42Q
In this interview, Srivats Ramaswami,...

IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

with Sander Barens, Expereo
In this interview, Sander Barens...

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

with Shawn Moore, Solodev
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Driving Better Outcomes through Workforce Analytics Webcast

Driving Better Outcomes through Workforce Analytics Webcast

Find out what’s really going on in your business...

Open Text Seeks BPM Growth With Metastorm Buyout

February 4, 2011 No Comments

SOURCE:  Open Text

Enterprise content management vendor Open Text Corporation announced its purchase offer of $182 million for Metastorm Inc., a business process management software company.

John Shackleton, president and CEO of Open Text, said in a news release that the proposed buyout would add “complimentary technology and expertise” to his company’s ECM solutions portfolio.

Metastorm, which is headquartered in Baltimore, provides software for BPM, business process analysis and enterprise architecture. Robert Farrell, Metastorm chairman and CEO, stated: “Combined with Open Text, Metastorm will be able to provide a broader and deeper range of offerings to our customers, while leveraging the strength and stability that comes with being part of a larger global organization.”

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