I have a more sanguine view of the recent acquisition of Tridion by SDL than my CMS Watch colleagues. From the perspective of content component management (CCM), return on investment often comes in the area of translation. Content components facilitate translation through content reuse (write once, use many; translate once, use many), decreased cost of preparing translated content for multichannel publishing, and improved cross-channel translation (content is no longer siloed based on format such as HTML, Quark, etc.). Therefore, pairing up a CCM system with a Global Information System makes sense. For effective content globalization, components matter.