IBM announced it has signed a definitive agreement to acquire Venetica. The acquisition is expected to close in the fourth-quarter. Financial details were not disclosed. Venetica’s operations will be integrated into the Information Integration group within IBM’s Information Management software business and Venetica products will be available from IBM and its Business Partners. Venetica is a provider of enterprise content integration software that enables organizations to access unstructured information such as business documents, still images, digital media and Web pages, and integrate it into existing business processes. With Venetica technology integrated into IBM’s DB2 Information Integrator software, IBM will ba able to deliver comprehensive information integration infrastructure. Additionally, in support of IBM’s infrastructure strategy, Venetica software can also work with both IBM and non-IBM data sources, including EMC/Documentum, FileNet, Hummingbird, Interwoven, Open Text and Stellent, enabling organizations to leverage their existing content assets. Once the acquisition is completed, IBM plans to Integrate Venetica’s software assets and personnel into the Information Integration group within IBM’s Information Management Software group and market and sell Venetica technology worldwide through IBM direct sales and its business partners. Venetica technology will be integrated into IBM’s DB2 Information Integrator family of products and complement other IBM middleware offerings, including DB2 Content Manager, WebSphere Application Server, WebSphere Portal, WebSphere Business Integration and IBM’s Workplace initiatives. www.ibm.com/software/data
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