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FileNET Buys eGrail

3-Apr-2002

Tags: Web Content Management, Selecting Technology, Vendor Viability & Financials,

CMS Watch report buyers will recall that we have been wondering just how long Web CMS vendor eGrail would stay independent. Now we know. For FileNET, the acquisition represents a sort of U-turn back into the CMS space after the company focused deliberately on enterprise DM and business process automation software over the last few years. For eGrail, which had suffered from undercapitalized R&D efforts, the sale is clearly a boon. It remains unclear, however, how much the present eGrail technical architecture dovetails with the rest of the FileNET suite, and that should give current eGrail users some pause amid what appears otherwise to be very good news...
Check out the FileNET press release

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