December 27, 2007
EMC Buys California Co. for $85M
EMC Corp. will buy California-based customer communications company Document Sciences Corp. for $85 million in cash, the Hopkinton information infrastructure giant announced today.
Document Sciences Corp. sells software that facilitates communication with customers, partners and suppliers. The company's stockholders will receive $14.75 in cash for each share.
The acquisition is subject to regulatory and Document Sciences shareholder approvals, and EMC expects to complete the purchase in the first quarter of 2008. The company said the acquisition should not have a material impact on its 2008 financial results.
Document Sciences Corp. sells software that facilitates communication with customers, partners and suppliers. The company's stockholders will receive $14.75 in cash for each share.
The acquisition is subject to regulatory and Document Sciences shareholder approvals, and EMC expects to complete the purchase in the first quarter of 2008. The company said the acquisition should not have a material impact on its 2008 financial results.
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