EMC Corporation, a provider of information infrastructure solutions, said it has reached an agreement to acquire Document Sciences Corporation in a cash deal worth approximately $85 million.
Document Sciences Corporation, based in Carlsbad, Calif., provides document output management software that facilitates highly personalized, multi-channel communications to customers, partners and suppliers.
According to the announcement, the acquisition complements and extends Hopkinton, Mass.-based, EMC's position in the transactional content management (TCM) marketplace, the fastest-growing segment of enterprise content management.
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