Wednesday, August 11, 2010

IBM acquires data and document capture software maker

Still out shopping, IBM has added another company to its ever-growing business, one Datacap of Tarrytown which is known for developing and selling software for data and document capturing with over 200 clients in various industries.

This latest purchase is set to enhance IBM's ability to provide solutions that help companies digitize, manage and automate their information assets. Plus, it will further expand IBM's customer base and unlock more revenue streams.

"Transforming the way organizations do business requires not only a powerful and flexible technology platform to accommodate the wide range of business requirements, challenges and goals, but also a deep understanding of the processes of the industries in which our clients operate," said Ron Ercanbrack, VP of Enterprise Content Management for IBM. "We've chosen to make Datacap's approach the foundation of IBM's document capture strategy. Datacap's approach to image capture, using sophisticated business rules management, sets it above the rest in the industry and provides the most complementary capabilities for IBM."

Datacap is planned to be integrated into IBM's ECM business, which is part of the IBM Software Solutions Group.

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