M-Files Advances ECM in Europe with StreamDesign Acquisition

Building its presence in key European markets, M-Files Corporation has acquired StreamDesign, a consulting and information management services company based in France.

M-Files, a provider of enterprise content management (ECM) and document management solutions, has thousands of customers and more than 500 partners in more than 100 countries.

According to M-Files, it has built a strong presence in France via its channel network, with StreamDesign serving as one of its partners in the region. With this acquisition, M-Files now has French headquarters to help advance the growth of its customer base through its channel partner network, as well as via direct sales and support activities.

The StreamDesign acquisition, said Jim Geary, executive chairman at M-Files, will help accelerate the company’s growth plans in France by continuing to elevate its level of support for partners as well as customer service and support for customers.

The purchase comes as an increasing number of French enterprises are recognizing information management as a strategic priority. As a result,  M-Files says, many organizations in the region are looking for solutions to help them eliminate manual, error-prone processes and replace existing ECM systems that have proven to be complicated and difficult to use.

This acquisition follows the company's expansion into Germany last fall. 

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