Dave Kellogg Blog · 2008-01-08
· 6722d
EMC Acquires Document Sciences for $85 Million
EMC announced the acquisition of Document Sciences (DOCX) for $85 million in cash on December 27, 2007. The deal represents EMC's strategic expansion into transactional content management, which the company identified as the fastest-growing segment of the enterprise content management market. Document Sciences will be integrated into EMC's content management and archiving division.
Metrics in this report
Acquisition Price
85$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