October 24, 2003
EMC/Documentum Head Scratching
Several days ago, I made a post about the consolidation moves in the document management and content management provider markets. As I mentioned, the iManage/Interwoven deal made immediate sense to me. Only time will tell if it's financially successful, but the strategic importance is self-evident.
However, EMC's acquisition of Documentum left me scratching my head. Would acquiring a software company make a large impact on increasing demand or achieving market growth for EMC's hardware storage solutions? Thus I originally decided to decline commenting on the situation while I considered it. Was it a desperate move, or is EMC being crazy like a fox in getting a jump ahead? Since I first read the announcement, frankly, my money has been leaning more on the former interpretation.
Well, at least I now have some company. Rick Klau, a fellow visionary and tech-savvy attorney, has saved me the blogging exercise. He recently posted many of the same thoughts that likewise made me say, "Huh?" about the deal. Nice job, Rick.
Topic(s): Legal Technology
Posted by Jeff Beard