Information Vendor Verity Moves into Electronic Forms Market

The deal will allow Verity, of Sunnyvale, Calif., to extend its search, classification and recommendation technologies into content capture, e-forms and business process automation, according to Verity executives.

The deal would allow Veritys software to not only search and categorize information in documents, but to track ties between the documents and the business processes they represent, officials said.

In addition, officials also said the acquisition will provide significant cross-selling opportunities into the companies respected installed bases.

Verity in the summer released a new version of its Ultraseek product, which now supports searching documents from open-source applications, including StarOffice 6.0 and OpenOffice 1.0. To read more, click here.

Cardiff is based in Vista, Calif. The deal is expected to close within 30 to 60 days.