Recently computer business Hewlett-Packard (HP) made an agreement with Tower Software, a document and records management company to take over its company.  HP is based in Palo Alto and will attempt to expand its compliance business by purchasing the Canberra, Australia-based business.

Tower’s main package is TRIM Context, an enterprise content management system that helps organize information while following best practices.  If computer business HP’s acquisition of the company closes during the second quarter of this year, as planned, the computer business will fold the TRIM package into its information management software business alongside HP’s current Archive platform (known previously as the HP Reference Information Storage System – RISS).  TRIM Context will add important records management to HP’s current platform.  

Tower serves 1,000 global customers, with most of these being in Australia.  Computer business HP plans to take the new offering to larger systems integrators such as EDS of Plano, Texas and BearingPoint of McLean, Virginia.  Also a focus will be mid-market solution providers.

The details of the computer business acquisition have not yet been released.

Added By:  Computer Consulting Kit