Infodata Systems Inc., (OTCBB:INFD) announced it has signed a Definitive Merger Agreement to be acquired by McDonald Bradley Inc. (MBI), a privately held information technology solutions provider to the government marketplace with headquarters in Herndon, Virginia. The acquisition will be a cash transaction for 100% of the stock of Infodata. The transaction, which is planned to close during the third quarter of 2005, is subject to approval by Infodata’s shareholders and other customary conditions of closing.
Day: June 20, 2005
ILOG (Nasdaq: ILOG) announced that EMC Documentum has selected ILOG as its preferred business rule technology provider for the EMC Documentum Business Process Management (BPM) product suite. By combining ILOG’s ILOG JRules with the EMC BPM solution for its enterprise content management (ECM) platform, business users can make policy changes within any BPM application without IT involvement. Business users can take advantage of ILOG’s BRMS to deploy and apply policy changes using EMC’s new “Documentum Process Connector for ILOG JRules.” This connector provides integration between ILOG JRules and the EMC Documentum BPM product suite. The Documentum Process Connector for ILOG JRules consists of two parts. One integrates with Business Process Manager, enabling the design of processes invoking external business rules, and the other integrates with Documentum Process Engine, enabling real time rule validation for each running instance of the process. Using ILOG’s BRMS, business policies defined by sub-processes or services can be managed or changed separately from the rest of the application. http://www.ilog.com
Hummingbird Ltd. (NASDAQ:HUMC) announced the acquisition of RedDot Solutions AG. Hummingbird acquired the shares of RedDot Solutions for an initial cash consideration of Euro 39.1 million (US dollar 47.5 million) and an additional cash consideration estimated at approximately Euro 4.5 million (US dollar 5.5 million) payable after December 31, 2005, based upon performance targets. RedDot Solutions will function as a subsidiary of Hummingbird and will continue to serve all its existing clients globally. The executive management of RedDot will remain in charge of operations. , http://www.hummingbird.com
