IBM (NYSE: IBM) and FileNet Corporation (NASDAQ: FILE) has announced that the two companies have entered into a definitive agreement for IBM to acquire FileNet, a publicly held company based in Costa ...

When IBM decided to become the leader in the way companies manage documents, it approached rival FileNet Corp. in Costa Mesa and offered $1.6 billion. FileNet said yes on Thursday. But not without ...

Being bought by IBM Corp. is “like I inherited a rich uncle,” says Lee Roberts, head of Big Blue’s Costa Mesa software unit. In October, IBM paid $1.5 billion for FileNet Corp., where Roberts was ...