HP to Acquire Tower Software
OpinionWire Articles
Sue Clarke - Published 08/04/2008
On 31 March (late in the evening in Europe) HP announced that it had signed a pre-bid agreement with TOWER Software to acquire the Australian Enterprise Content Management (ECM) vendor. TOWER Software’s strength lies in its Document and Records Management (DRM) capabilities, although with the addition of Web Content Management (WCM) it has moved further into the ECM space, despite lacking some functions that the larger ECM vendors have added to their portfolios. The acquisition, which is expected to clos…