I buy the "own the imaging market" argument for IBM taking out FileNet, but $1.6 billion? Must be a bigger market than I expected. But, I'm not sure there isn't room for a lot of innovation there as well, so the ROI could be risky.
I can't imagine the Hummingbird acquisition being based on product synergy. PC-Docs Docs Open seems tired so the OpenText acquisition is ponderous.
Greater forces at work than mere mortals such as I can understand I expect.