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EMC Completes DSC Acquisition

By Anonymous
Publication: Printing News
Date: Monday, March 17 2008

EMC Corp. completed the acquisition of Carlsbad, Calif.-based Document Sciences Corp., a provider of document output management (DOM) and customer communications management (CCM) software that facilitates personalized, multi-channel communications to customers, partners, and suppliers. Under terms

of the agreement, EMC acquired Document Sciences in a cash transaction valued at approximately $85,800,000. The acquisition complements and extends EMCs vision in transactional content management (TCM)-one of the fastest-growing segments of enterprise content management.

Mark Lewis, president, Content Management and Archiving Division at EMC commented, "When we announced our intent to acquire Document Sciences in December, we stressed the deal would further extend our leadership position in both transactional content management, and the larger category of enterprise content management. With the acquisition now complete, we are delivering on this promise, enabling EMC customers to fully benefit from the market's-leading suite of document output management and customer communications solutions."

EMC will operate Document Sciences as a business unit within the company's Content Management and Archiving division. Additionally, Document Sciences' outsourcing business-Objectiva-which provides outsourced software development services to large multinational corporations around the world, will become a wholly owned subsidiary of EMC.