More on Stellent's acquisition of Optika: From IT-Director.com
...Stellent paid $10 million in cash and 4.1 million in Stellent shares for Optika, valuing the company at $59 million and creating a combined value for the two companies of approximately $100 million. The acquisition of Optika by Stellent is yet another confirmation of the aim of enterprise content management vendors to provide a full range of capabilities that support the entire document management life cycle from creation of documents to archiving and deletion.
...This acquisition of Optika provides Stellent with a leading capability in the later stages of the document life cycle. The Optika Acorde suite of Enterprise Content Management products includes document imaging and management, workflow, records management and collaboration. Acorde also integrates document management with enterprise applications so that all the relevant documents and information are available to users using applications such as JD Edwards, Oracle, PeopleSoft and Microsoft Business Solutions. Integration of structured and unstructured information is a very promising application for 2004 with the potential to deliver further efficiencies from enterprise applications. Read