EMC to buy Document Sciences for $14.75/shr

giovedì 27 dicembre 2007 12:25

Dec 27 (Reuters) - EMC Corp EMC.N said it agreed to acquire Document Sciences Corp DOCX.O, a provider of communications management software, for $14.75 per share, a 79 percent premium to the stock's closing price Wednesday.

The deal values Document Sciences at about $85 million. EMC does not expect the deal to have a material impact on its 2008 results, the maker of corporate data storage equipment said in a statement. (Reporting by Anant Vijay Kala in Bangalore; Editing by Gopakumar Warrier)