Documentum
Documentum is an enterprise content management platform, now owned by OpenText, as well as the name of the software company that originally developed the technology. EMC acquired Documentum for US$1.7 billion in December, 2003. The Documentum platform was part of EMC's Enterprise Content Division (ECD) business unit, one of EMC's four operating divisions. On January 23, 2017, OpenText, a Canadian technology firm based in Waterloo, Ontario, Canada that specializes in enterprise content management, acquired Documentum from Dell EMC for $1.62 billion. History Getting started Howard Shao and John Newton founded Documentum in June 1990. They had worked together at Ingres, one of the leading relational database vendors at the time, and sought to solve unstructured information management problems using relational database technologies. (Unstructured information refers to information that does not have a formal data structure – documents, images, audio, video, etc.) With initial backing from Xerox, they developed a customized system for Boeing to organize, store, maintain, and selectively publish the thousands of pages of information for the Boeing 777 training manuals. They developed another customized system for Syntex, a pharmaceutical vendor, to automate the process of assembling New Drug Application (NDA) documents when seeking approval from the U.S. Food