Open Text Acquires Captaris - Outlines Product Plans

Open Text Corporation (NASDAQ:OTEX) (NASDAQ:TSX:) (NASDAQ:OTC) announced initial product plans following the acquisition of Captaris, including the role Captaris will play in extending Open Text ECM solutions that manage documents from SAP and Oracle ERP systems. Open Text announced the completion of the acquisition of Captaris on Friday. Captaris's document capture solutions provide an "on ramp" for ECM by converting paper documents arriving by mail or fax to electronic form, so they can be managed online. Captaris offers capture technology that uses imaging, scanning and recognition technologies, plus classification and routing software that complements Open Text's solutions. Captaris's software will be integrated with Open Text's ECM solutions that manage ERP-related content from SAP and Oracle systems. With Captaris, Open Text's ECM solutions for ERP will also gain better and smoother integration with desktop applications from Microsoft. Captaris offers document processing capabilities for Microsoft, including a new product that automatically exposes the contents of scanned documents in Microsoft Office SharePoint Server to search engines. Like Open Text, Captaris is a Microsoft Gold-Certified Partner. http://www.opentext.com/