When IBM decided to become the leader in the way companies manage documents, it approached rival FileNet Corp. in Costa Mesa and offered $1.6 billion. FileNet said yes on Thursday. But not without ...

IBM Corp. said Thursday that it would buy Costa Mesa-based FileNet Corp. for $1.6 billion in cash as the technology giant expands its software offerings. But FileNet stock jumped above IBM’s offer ...

In its third largest software acquisition and one that will further bolster its software divsion, IBM said Thursday that it will acquire data and content management software company FileNet for ...

Making its third software acquisition in a week, IBM said Thursday it would buy enterprise content management provider FileNet for US$1.6 billion in cash. Big Blue said it would use the FileNet ...

IBM continued its run of SOA-related acquisitions Thursday, agreeing to buy business process and enterprise content management specialist FileNet for about $1.6 billion in cash. FileNet’s technology ...

In an effort to beef up its presence in enterprise content management, IBM said today that it plans to buy FileNet Corp. for $1.6 billion in cash. According to market research firm IDC, IBM was third ...

FileNet Corp.’s Costa Mesa headquarters is expected to become a major center for one of IBM Corp.’s software groups. Big Blue’s $1.6 billion acquisition of FileNet isn’t expected to close until the ...

IBM's announcement of its $1.6 billion bid for FileNet is an indication that a power shift is taking place right now, one analyst said IBM’s bid to buy FileNet on Thursday points to a major shift ...

SAN FRANCISCO (MarketWatch) -- FileNet Corp. said late Friday the Hart-Scott-Rodino Act waiting period over IBM's proposed acquisition of FileNet has terminated. Costa Mesa, Calif.-based FileNet said ...

Martin LaMonica is a senior writer covering green tech and cutting-edge technologies. He joined CNET in 2002 to cover enterprise IT and Web development and was previously executive editor of IT ...