Documentum acquires Xerox content integration line

FRAMINGHAM (03/16/2004) - Enterprise content management vendor Documentum Inc. has acquired a one-step content integration product line from Xerox Corp. and Tuesday unveiled a new "virtual repository" for improved organization of stored data.

In an announcement, the Pleasanton, Calif.-based company said its new Documentum Virtual Repository will allow companies to organize and store a wide range of internal and external information that will be easy to retrieve for use. The repository will allow aggregation for automated and scheduled content collection from multiple sources and will make the information available to others in compatible formats.

The new feature will be available early in the second quarter.

In a related move, Documentum acquired the AskOnce business unit of Xerox for an undisclosed price. AskOnce is a secure enterprise content integration product that searches multiple repositories and data types using a single query. AskOnce relies on a uniform query interface to connect it to existing database, document repository, Internet, corporate intranet or e-mail applications.

Financial details of the transaction weren't disclosed.

"With the Documentum Virtual Repository solution, companies will be able to control all of their content -- internal and external, structured and unstructured -- regardless of where it resides," Dave DeWalt, president of the Documentum division of EMC Corp., said in a statement.

"Most enterprises have limited knowledge of the content scattered throughout their organizations -- on employee desktops, internal and external networks, Web sites and portals, or in data archives. There's a great need in the market for technology that helps companies manage all of this content -- especially with the intense public scrutiny of both government agencies and public companies."

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