Five Minute Briefing - Information Management
June 2, 2016
Five Minute Briefing - Information Management: June 2, 2016. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
Cisco and IBM are partnering to provide instant Internet of Things (IoT) insights at the edge of the network. The new approach combines technology from both companies to allow businesses and organizations in remote and autonomous locations to tap the benefits of IBM's Watson IoT and business analytics technologies and Cisco's edge analytics capabilities.
Open Text Corporation, a provider of Enterprise Information Management solutions, is entering into a definitive agreement to acquire Recommind, Inc., a leading provider of eDiscovery, and information analytics. The transaction purchase price is approximately $163 million and with this acquisition, Recommind's eDiscovery platform will complement OpenText's own enterprise information management (EIM) solutions.