divine, inc. and Delano Technology Corporation announced that divine has signed a definitive agreement to acquire Delano. divine will acquire all of the outstanding shares of Delano common stock for a fixed exchange rate in which divine will issue 1.1870 divine shares for each share of Delano common stock, which equates to approximately 51.55 million divine shares. The deal, which will be structured as a plan of arrangement under Canadian law, will be subject to customary regulatory and court approvals, as well as the approval of Delano’s shareholders. Shareholders holding approximately 13 percent of Delano’s outstanding shares have already agreed to vote in favor of the transaction. Combined with divine’s CIM offerings, the acquisition of Delano allows divine to provide fully integrated multi-channel e-marketing, inbound and outbound interaction management, self service and campaign management. www.divine.com

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