EMC Acquires ProActivity
Hopkinton, Mass.-Monday, June 19, 2006 -- EMC Corporation, the world leader in information management and storage, today announced that it has acquired Newton, Massachusetts-based ProActivity Software Solutions Ltd., a privately held provider of content management software for business process management (BPM) . The acquisition is complete and is not expected to have a material impact on EMC revenue and EPS for 2006. ProActivity will be integrated immediately into the EMC Software Group. With its R&D operations in Netanya, Israel, ProActivity joins recently acquired Kashya and nLayers to form a foundation of EMC R&D in Israel, which EMC will continue to enhance over time.
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Dave DeWalt, President, EMC Software Group, said, Almost daily, customers stress to me their strategic need to optimize their business processes such as invoice processing, claims processing and loan origination. Manual process design and requirements definition is expensive, tedious, slow, error prone and widely recognized as the root cause of project failure. ProActivity brings to EMC a critical content management technology set to augment and enhance EMCs ability to address these needs through the industry-leading EMC Documentum business process management (BPM) software suite.
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Avi Fogel, ProActivity Chairman and CEO, said, This marks an exciting moment in our companys history. Integration into EMC signals an accelerated path to market for our best-in-class business process lifecycle solution. EMCs substantial market presence will make ProActivity software a major force in the hot and growing BPM market. EMC is a perfect fit due to our clear functional and architectural technology alignment, and our common culture based on customer-driven innovation.
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The combined EMC Documentum and ProActivity product suite now gives EMC the most complete BPM software offering in the market. ProActivity provides tools to monitor, analyze and optimize business processes. ProActivity offers the first and only solution that treats business processes as data, not simply as pictures or models. This patented design automates the detailed capture and validation of as is business processes, generates graphical process maps on the fly, provides dynamic multidimensional analysis and creates a strategic process knowledge base that can be reused and extended across the enterprise. These capabilities provide customers with the tools they need to optimize end-to-end processes and are complementary to EMC Documentum process modeling, process execution and process integration capabilities.
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The EMC Documentum BPM suite enables customers to automate their business processes, resulting in shorter process cycles, lower processing cost, improved quality, better adherence to compliance requirements and improved business agility. Most business processes involve various types of content from forms to scanned images, documents, reports and rich media. As such, BPM is a natural extension of the EMC Documentum enterprise content management platform, where these information types are currently being managed.
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Last month at the AIIM 2006 Conference and Exhibition, the EMC Documentum BPM suite received the coveted AIIM E-Doc Magazine 2006 Best of Show Award for demonstrating exceptional quality and evidence of significant ROI potential. EMC also hosted an online event titled Fundamentals of Business Process Management with EMC Documentum and highlighting these award-winning BPM offerings. The event can be viewed at http://emcsoftware-info.com/mk/get/REC_06-08-06_Fund_of_BPM.
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This acquisition further enhances EMCs lead in bringing information lifecycle management (ILM) to life for customers through open software. Customers achieve ILM in large part through software-enabled intelligence. As the worlds seventh largest software provider, EMC accelerates ILM by integrating open software with the storage and application infrastructure and adding intelligence, flexibility and built-in protection to store information intelligently, manage information resources, protect information and share information through collaborative processes.
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About EMC
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EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information storage and management that help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMCs products and services can be found at www.EMC.com
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Source: EMC
