OpenText to acquire IXOS
The race to create behemoth ECM companies continues. This time, OpenText reaches across the Atlantic to snap up German DM/WCM vendor IXOS. IXOS bought Swiss CMS vendor Obtree last year to give it a small toe-hold in the Web Content Management space. This aquisition makes OpenText appear bigger at a time when software vendors are desparately looking to scale, but we wonder about the overlap with another recent OpenText morsel -- Gauss -- and note that the former Obtree (now IXOS) CMS product is unlikely to gain much traction in North America...
Read about the acquisition