EMC has bought software company Captiva Software for $275 million.
EMC already has a partnership with the maker of software for digitally capturing documents where it integrates Captiva's InputAccell software with its own Documentum enterprise management platform. The company plans to improve that integration, a spokesman said.
EMC will continue to sell and develop Captiva's standalone products, the company said, but claimed that no decisions had been made regarding possible layoffs or relocation of Captiva's workforce.
The companies' combined technologies help businesses to cut down on paper use by automatically capturing information digitally and integrating it with electronic business processing. Converting information on paper into digital formats is increasingly important as companies try to work faster and meet regulations, said EMC.
Captiva's software is designed for scanning documents and extracting the critical information in them. It applies business rules and decision processes to ensure the data is accurate and then automatically exports it to ERP (enterprise resource planning), accounting, content management and other systems.
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