by. Bill Priemer
Hyland, creator of OnBase’s bid to acquire Sweden-headquartered ReadSoft is an exciting development, not only for the two companies, but for the enterprise content management (ECM) industry as a whole. ReadSoft and Hyland are a perfect match and the combined company will be unmatched in our ability to help customers transform their organizations by harnessing their information and automating their business processes.
Over the years I have enjoyed very positive interactions with ReadSoft as the two companies collaborated on product integrations and joint proposals to customers. I find the people of ReadSoft to be very much like Hylanders – highly competent, passionate about what they do, and a genuine pleasure to work with.
I strongly believe Hyland is an ideal home for the employees of ReadSoft. Here are some of my reasons:
- Like ReadSoft, Hyland is a software company with a culture built to attract, retain and inspire software technologists.
- With more than 1,700 employees, Hyland is similarly sized to ReadSoft. The ReadSoft team would find the Hyland environment to be a very familiar and comfortable.
- ReadSoft’s business in Europe is a good deal larger than that of Hyland, as we have yet to acquire a European-based company. In addition to wanting to grow ReadSoft’s global business and presence, we envision ReadSoft as the core of Hyland’s entire operation across Europe, the Middle East and Africa.