March 9, 2011 – Enterprise content platform provider OpenText announced its proposed agreement to buy weComm, a maker of enterprise mobile applications.

weComm’s independent software platform enables deployment of mobile applications across hundreds of mobile and tablet devices. An immediate aim of the announced acquisition is to bolster mobile capabilities in OpenText’s enterprise content management access and monitoring suite, OpenText Everywhere.

Mobile content management and business intelligence is starting to pick up attention and investment from CIOs and organizations, though there remain caveats for successful adoption, according to recent research from Forrester.

Eugene Roman, chief technology officer at OpenText, said in a news release that the acquisition prepares his company’s mobile initiatives for the coming wave of Web experience management systems, especially for his company’s existing customers in banking, retail, media and entertainment.

"As mobile devices are changing the consumer landscape, more enterprise customers are moving to mobile apps to reach everyone from customers to employees," said Roman.

Details of the acquisition were not disclosed and the deal is subject to closing conditions. It is the second buyout in about a month for OpenText, which in February announced a $182-million deal for BPM software vendor Metastorm.


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