Sunday, October 30, 2005

EMC does it again

EMC announced that it is buying Captiva Software to add imaging / input management solutions to its existing suite. This should integrate well with the tools it acquired when it bought Documentum a few months back.

While EMC may have overpaid for Captiva, the all-cash transaction indicates that the intentions were above-board.

EMC should now take a break from its acquisition spree, atleast for a year or so. As I have said repeatedly in the past, EMC should be in your core holdings at current prices.

I had come across Captiva too late for me to open a position. The runup had begun, and the pullback that I was waiting for, never came.


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