divine interVentures, inc. announced that it will acquire enterprise information portal solutions company SageMaker, Inc., the first acquisition in divine’s previously-announced strategy to consolidate companies in the most promising digital economy sectors. The all-stock deal, valued at about $16.5 million, is expected to be completed by late February. SageMaker will complement more than a dozen associated companies in divine’s enterprise information portal solution. divine also will tap into relationships with its strategic partners, beginning with a separately announced strategic alliance with Computer Associates to jointly develop and market a combined portal solution. divine will integrate CA’s Jasmine( Portal technology with SageMaker’s offerings and the applications and services of other divine associated companies to create a complete enterprise information portal. www.divineinterventures.com, www.sagemaker.com
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