Hewlett-Packard (HP) is targeting the
high-growthdocument-automationmarket with the
acquisition of Exstream Software.
Exstream Software is a provider of enterprise software that
streamlines the creation and delivery of personalised documents and
other communications materials.
Exstream's technology, when combined with HP's presence in the
document output management and printing market, will help
businesses design, manage and publish structured and
unstructured content in a fully personalised manner via print
and online.
Upon completion of the acquisition, Exstream Software will be
integrated into the Web Services and Software business unit within
the Imaging and Printing Group (IPG) at HP.
The value of the acquisition has not been disclosed. The
acquisition is expected to close in the second quarter of HP's
fiscal year.