Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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May 26, 2006 — CIO —
Enterprise software developer Hummingbird said on Friday that it agreed to be purchased by holding company Symphony Technology Group in a deal valued at US$465 million.
The Toronto company develops enterprise content management (ECM) software that helps organizations manage documents, records, correspondence and contracts.
A third party, Tennenbaum Capital Partners, will invest $135 million to help finance the transaction.
Hummingbird said the deal will generate immediate cash that will allow the company to continue to focus on its mission of offering ECM and connectivity products.
The company reported a $4.9 million profit in its second quarter, driven by winning new customers and expanding deals with existing customers. Hummingbird competes with other ECM developers including Interwoven, IBM, EMC and FileNet.
Provided the transaction is approved by shareholders and regulators, the acquisition is expected to close in July.
Symphony Technology Group owns several companies including Information Resources and Gers.
-Nancy Gohring, IDG News Service
Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.
© 2008 CXO Media Inc.
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Just the basics, please. Sometimes we all need a refresher or we need to make sure our team and our colleagues are all on the same page.
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