Hyland Buys Liberty Info Systems

Enterprise content management vendor Hyland Software, Cleveland, has acquired Liberty Information Management Systems to expand its market presence. The transaction was private, and terms of the agreement were not disclosed. Hyland said the acquisition will enable it to add more than 1,000 Liberty IMS client organizations to its base of 7,200 customers and extend its reseller channel base with an established network of Liberty IMS channel partners, who possess expertise in selling and supporting document imaging, COLD/ERM, and workflow systems to organizations in Hyland's target vertical markets. The company also said the move would broaden its presence in the western United States and central Canada by maintaining Liberty IMS's offices and an existing team of experienced ECM professionals in Costa Mesa, Calif., and Ottawa, Ontario. Moreover, as a heavily channel-focused organization, Liberty IMS brings to Hyland an established network of channel partners. Hyland can be found on the Web at http://www.onbase.com.