It finally happened. An acquisition in the ECM space that was so newsworthy I had to write about it. One so big that it is going to fundamentally change the market.
Hyland just announced that they are acquiring Nuxeo.
I never thought that an acquisition involving these two firms would be so newsworthy. However, this is the second acquisition of a major open source ECM vendor in the past year by Hyland. And that is the problem.
There were only two major open source ECM vendors in the market.
That’s right. A single vendor, who was not in the open source market before they bought Alfresco, has acquired both major players. While this may not spell the end of open source in the ECM space, it does mean the end of true choice.
And only with one choice, you do not have a competitive ecosystem.