WSJ.com – Symphony to Buy Hummingbird

Over on Peter O’Kelly’s blog I ran into an article about Hummingbird. As the Enterprise Conetent Management market is becoming more and more competitive, it’s worthwhile following all the news and acquisitions …

[Via Peter O’Kelly’s Reality Check]

WSJ.com – Symphony to Buy Hummingbird: "Canadian software developer Hummingbird Ltd. agreed to be bought by Symphony Technology Group, a Silicon Valley investment company, for $465 million in cash.
The Toronto-based company, which specializes in content-management and computer-connectivity tools, said Friday it had entered a ‘definitive agreement’ to be acquired by Symphony, Palo Alto, Calif., for $26.75 a share, above Hummingbird’s Thursday closing price of $23.77. The deal is expected to close in July."

Peter de Haas
Peter de Haas

Peter is gedreven door de eindeloze mogelijkheden die technologische vooruitgang biedt. Met een scherp oog voor het herkennen van oplossingen waar anderen slechts problemen zien, is hij een expert in digitale transformaties. Peter zet zich met volle overgave in om individuen, teams en organisaties te begeleiden bij het ontwikkelen van nieuwe vaardigheden en het implementeren van innovatieve oplossingen.

Artikelen: 3821

2 reacties

  1. @ot,
    Yes I’ve read the news. If I recall correctly Humnmbird was recently acquired by one or more investment companies. They invest to make money I assume and in the shortterm this must be it.
    For me it is another proofpoint that a big consolidation in the ECM market is comaing (or there already) ECM is becoming a commodity in some area’s and Microsoft certainly intends to capatalise on that / drive that …

Reacties zijn gesloten.