Adobe is moving forward in the crowded enterprise content management (ECM) space with the $240 million acquisition of the Swiss firm Day Software Holding.
Adobe is already a market leader in publishing and document management, and with the acquisition of Day Software, the company is charging ahead in a crowded ECM market occupied by heavyweights like IBM Microsoft.
DevX has the details on the acquisition, and takes a look at the fast-moving ECM marketplace that Gartner sees as poised for considerable growth.
Adobe Systems this week announced it will pay $240 million to acquire Day Software Holding, a Swiss maker of Web-based enterprise content management (ECM) software applications.
Along with giving Adobe (NASDAQ: ADBE) customers more options for managing all the digital content floating around their networks, the purchase will give the San Jose, Calif.-based publishing and document management software leader another established installed base of customers to push its ubiquitous Flash, Flex, PDF and LifeCycle applications.