Info-technology co. to pay $85-million client-communication-technology firm. Last week information-technology provider EMC agreed to pay $85 million for Document Sciences, which provides customer-contact services, including those related to applications like wealth management, brokerage and claims processing, loan origination and new-account enrollment.

Tech speak

"Core to delivering high-value transactional content management solutions is a complete suite of technology, including high-volume, content-rich task processing, sophisticated capture, business process management, records management and archiving, as well as automated document output management," says Mark Lewis, president of content management and archiving at Hopkinson, Mass.-based EMC. "The proposed acquisition of Document Sciences would make EMC the first to offer all of these major capabilities in an all-in-one, integrated suite."

Assuming the deal wins approval from Document Sciences' shareholders, it will result in Document Services becoming a business unit of EMC's content-management and archiving division.

Carlsbad, Calif.-based Document Sciences says that more than 500 organizations use its client-communications technology. -FWR

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