IBM acquires Green Pasture Software, extends leadership in enterprise content management.IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) has announced it has acquired Green Pasture pasture, land used for grazing livestock. Land unsuited for cultivation, e.g., hilly or stony land, may be used as pasture. Tilled land and meadow may be pastured after the crops are removed. Software, Inc., a provider of document management software. Green Pasture Software is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Corvallis, Oregon Corvallis (IPA: [ˌkɔɹ ˈvæl ɪs]) is a city located in central western Oregon, USA. It is the county seat of Benton CountyGR6 . Financial details were not disclosed. Green Pasture's operations will be integrated into IBM's Enterprise Content Management business and Green Pasture products will be available immediately from IBM. The acquisition further extends IBM's leadership in enterprise content management, a fast-growing segment of its DB2 Information Management portfolio, enabling customers to electronically develop and manage the entire lifecycle of their business documents across the enterprise to increase efficiencies and make faster business decisions. Today's news marks IBM's third acquisition in its Enterprise Content Management business since 2002. IBM purchased Tarian's records management software in November 2002 and Aptrix's Web content management software in July 2003. Green Pasture Software is a leading provider of document management software that enables businesses to take advantage of real-time, high-performance document management capabilities to electronically collaborate, edit and manage multiple documents simultaneously. The software helps organizations more easily develop and manage documents that incorporate interrelated in·ter·re·late tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates To place in or come into mutual relationship. in parts, such as spreadsheets, multimedia files and computer aided design (application) Computer Aided Design - (CAD) The part of CAE concerning the drawing or physical layout steps of engineering design. Often found in the phrase "CAD/CAM" for ".. manufacturing". (CAD) references. For example, businesses today use Green Pasture software to automate To turn a set of manual steps into an operation that goes by itself. See automation. and streamline document management across multiple business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets including product development, financial reporting, and compliance with governmental requirements. As a result, organizations can more easily create and manage documents such as product manuals, annual reports, and pharmaceutical submissions for clinical trials. The addition of Green Pasture Software extends IBM's leadership in delivering the most comprehensive enterprise content management infrastructure in the industry, ranging from the development of simple spreadsheets Simple Spreadsheet is a web-based spreadsheet program written in JavaScript, HTML, CSS and PHP. It features formulas, charts, formats, cell/row merging, cell locking, keyboard navigation, etc. to managing highly complex documents. IBM is the only vendor that supports customers' complete enterprise content management requirements, including support for all forms of information, document and records management, collaboration, digital rights management and storage. The software is in especially high demand in organizations such as government, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , pharmaceutical and chemical and petroleum and other regulated industries that manage massive amounts of information which require long-term data retention. "IBM is unmatched in the industry in providing customers with the tools they need to leverage their information assets to make better decisions and respond faster to market demands," said Janet Perna, general manager, IBM Data Management Software. "The addition of Green Pasture technology and its expertise in managing complex documents, combined with IBM's comprehensive enterprise content management offerings, brings more value to customers, helping them gain a faster return on their information assets." "IBM is the recognized leader in helping companies deploy a complete enterprise content management solution" said Charlie Wittenberg, President, Green Pasture Software. "The combination of Green Pasture technology and IBM's Content Management offerings will enable businesses to more easily create and manage their critical information assets to increase productivity and enhance business insight." |
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