IBM pays $1.6 billion for Filenet

Content swallowed

By INQUIRER staff

Thu Aug 10 2006, 15:24

BIG BLUE continued its habit of snapping up companies by paying $1.6 billion for Californian firm Filenet.

The firm produces content management and business process software. When the sale is completed by the end of this year, it will come under the wing of Ambuj Goyal's Information Management unit. µ

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Authorities in several countries raided Megaupload recently, shut down all of its services, seized hundreds of servers and arrested several of its executives on criminal charges.

Do you think the move was justified?

Yes, companies should suffer an immediate death penalty upon being accused of copyright infringement.

Yes, the coppers said the company was breaking the law so it must be guilty.

No, the company and the people accused are innocent until proven guilty.

No, the company had millions of customers who have been harmed by having access to their data files cut off.

I don't care, I never used Megaupload anyway.

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IBM pays $1.6 billion for Filenet

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