IBM Acquires Green Pasture Software

Enterprise Networks & Servers,  Jan 2004  

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IBM has acquired Green Pasture Software, a provider of document management software. Green Pasture Software is a privately held company based in Corvallis, Oregon. Financial details were not disclosed. Green Pasture's operations will be integrated into IBM's Enterprise Content Management business and Green Pasture products will be available immediately from IBM.

This was IBM's third acquisition in its Enterprise Content Management business since 2002. IBM purchased Tarian's records management software in November 2002 and Aptrix's Web content management software in July 2003.

"IBM is unmatched in the industry in providing customers with the tools they need to leverage their information assets to make better decisions and respond faster to market demands," said Janet Perna, general manager, IBM Data Management Software. "The addition of Green Pasture technology and its expertise in managing complex documents, combined with IBM's comprehensive enterprise content management offerings, brings more value to customers, helping them gain a faster return on their information assets."

Copyright Publications & Communications, Inc. Jan 2004
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