Markets & Finance

EMC Agrees to Acquire Documentum

Posted on October 13, 2003

Storage outfit EMC Corp. (EMC

) agrees to acquire Documentum (DCTM

), a maker of content-management systems, in a stock deal valued at about $1.7 billion. Terms: Documentum shareholders will receive 2.175 EMC common shares for each of their shares. (10/14)

Oracle (ORCL

) extends its $19.50 per share bid for PeopleSoft (PSFT

) to Dec. 31. (10/13)

Honeywell International (HON

) agrees to buy Silent Witness Enterprises (SILW

) for $8.53 per share. (10/13)

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