• October 14, 2002
  • News

Mobius acquires Cytura

Mobius Management Systems announces the acquisition of technology and certain other assets of Cytura, which provides Web site management, document management and digital asset management in a single platform.

The integration of Cytura's offering will give business managers and non-technical employees the ability to create, personalize, transform, manage and publish content within the Mobius ViewDirect total content management software suite to deliver a comprehensive, integrated solution for enterprise content requirements.

Mobius reports it paid Cytura, a privately held company, $2.2 million in cash for the acquired assets. In approximately one year, Mobius may be obligated to pay Cytura up to an additional $800,000, depending on the price of Mobius common stock over the next 13 months.

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