March Networks Corporation and Ottawa- based Mainsource Software Corporation announced that March Networks will acquire Mainsource through an exchange of cash and shares. The acquisition, the third for March Networks since Terry Matthews launched the new company in August 2000, is expected to be final before February 2001. The Mainsource acquisition provides March Networks with a highly-scalable content management system that will become a key capability for the delivery of the many complex and distributed IP broadband applications that the company has identified. The multi-platform architecture of the system supports all industry standard database platforms, including Oracle, Sun and Microsoft. In December 2000, March Networks announced the acquisition of Toronto-based Infopreneur to expand the company’s web-centric content delivery expertise. The company’s first acquisition took place in November 2000 when it acquired Ottawa-based Elcombe Systems Limited in a move to gain technology and domain-knowledge of the health care market. www.mainsrc.com, www.marchnetworks.com
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