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
FileNET to Acquire eGrail
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