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Hummingbird Makes an Acquisition

    Online News published in DMReview.com
July 28, 2001

Everyone, it seems, wants into the enterprise portal business these days. But rather than building an entity entirely from scratch, some players are getting into the market in a bigger way by making an acquisition. And the latest company to make an acquisition is Toronto-based Hummingbird, which is acquiring PeopleDoc Ltd. for an undisclosed sum.

Based in the United Kingdom, PeopleDoc is a document collaboration and customer information management software development company. Hummingbird will integrate PeopleDoc's collaboration applications into its existing document management and enterprise portal products.

Last year, PeopleDoc received $4 million in venture capital funding from 3i plc and Scottish Equity Partnership to launch a North American operation. PeopleDoc software embeds e-mail, faxes and other forms of unstructured customer information from across an enterprise into line-of- business applications.

For more information, please visit www.hummingbird.com.

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