Documentum announced the signing of a definitive agreement to acquire privately held records management vendor TrueArc Corporation. In the all-cash transaction for TrueArc stock, Documentum will pay approximately $3.6 million. Documentum will not issue any of its common stock in this transaction. The acquisition is expected to close later this quarter, after the appropriate legal approvals have been finalized and customary closing conditions met. Documentum and TrueArc are existing technology partners. Their current integration, currently sold by TrueArc, provides the ability to implement records management and retention rules for Documentum customers. After the acquisition closes Documentum will deliver a new version of an integrated offering, updated with the latest releases of both products, compliant with the DoD 5015.2 records management standard. www.TrueArc.com, www.documentum.com