Verity inks Dralasoft deal
Verity has completed the acquisition of Dralasoft
, a developer of Java-based technology for business process management (BPM) for an all cash payment of approximately $8 million.
The deal includes Dralasoft's (now a wholly owned subsidiary of Verity) customer base and sales pipeline as well as its technology portfolio, which consists of component-based business process management solutions and business activity monitoring (BAM) software. It includes Dralasoft Workflow, an enterprise BPM suite that features what is said to be a high-performance and scalable orchestration engine with a suite of graphical tools.
Verity says it intends to utilize Dralasoft's BPM technology as a means to better unify the capabilities of its Intelligent Content Services and Content Capture/Process Automation offerings.