When IBM decided to become the leader in the way companies manage documents, it approached rival FileNet Corp. in Costa Mesa and offered $1.6 billion. FileNet said yes on Thursday. But not without ...

Making its third software acquisition in a week, IBM said Thursday it would buy enterprise content management provider FileNet for US$1.6 billion in cash. Big Blue said it would use the FileNet ...

In an effort to beef up its presence in enterprise content management, IBM said today that it plans to buy FileNet Corp. for $1.6 billion in cash. According to market research firm IDC, IBM was third ...

FileNet specializes in enterprise content management (ECM) and has a particular strength in imaging technology, a field it pioneered two decades ago. IBM said it's buying the company to fill a gap in ...

IBM Corp. said Thursday that it would buy Costa Mesa-based FileNet Corp. for $1.6 billion in cash as the technology giant expands its software offerings. But FileNet stock jumped above IBM’s offer ...

Being bought by IBM Corp. is “like I inherited a rich uncle,” says Lee Roberts, head of Big Blue’s Costa Mesa software unit. In October, IBM paid $1.5 billion for FileNet Corp., where Roberts was ...