FileNET Corp. announced it has signed a definitive agreement to acquire the core assets of privately held eGrail Inc. The purchase of eGrail is an all cash transaction valued at approximately $10 million. Effective immediately, the eGrail product line will be made available and supported through FileNET. eGrail’s Web Content Management system offers enterprise scalable capabilities that are easy-to-use, empowering authors across the enterprise to contribute to and manage Web site content dynamically. eGrail serves customers in numerous industries including communications, insurance, government, medical and publishing. www.filenet.com, www.egrail.com
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