Dave Kellogg Blog · 2008-01-08 · 6722d

EMC Acquires Document Sciences for $85 Million

EMC announced the acquisition of Document Sciences (DOCX) for $85 million in cash on December 27, 2007. The deal represents EMC's strategic expansion into transactional content management, which the company identified as the fastest-growing segment of the enterprise content management market. Document Sciences will be integrated into EMC's content management and archiving division.

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Metrics in this report

Acquisition Price

85$M

total

Document Sciences purchase by EMC

Post-Announcement Stock Price

14$

approximate

DOCX stock price on acquisition announcement

Pre-Announcement Stock Price Range

6-8$

range

DOCX stock trading range before deal announcement

Stock Price Appreciation

75%

from low range

DOCX stock increase from $8 to $14