A couple of weeks ago, the Big Men were speculating on potential buyers for OpenText. I opined that maybe HP would be looking to enter the market to compete with EMC. It was a brilliant piece of insight for all the wrong reasons. Right buyer, wrong target.
Turns out that HP has decided to buy their way into the market, but only with a single product, Tower Software. Like EMC, HP is looking to broaden their Information Management offering by adding Records Management and eDiscovery. If that is all they were looking to add, then buy Tower was a great move. I have always heard good things about their software for those purposes, though I always had doubts as to their complete ECM capability.