PC DOCS Group International Inc has now completed its offer to buy Fulcrum Technologies Inc, obtaining 93% of the outstanding common shares. It now intends to acquire all the remaining Fulcrum shares under the terms set out in its offer, and will incur a material restructuring charge and a significant charge for purchased research and development. Fulcrum will continue to operate as a separate company under its own name. But integration work has already taken place, and early demonstrations of a combination of PC DOCS’ CyberDOCS and DOCSFusion products with Fulcrum’s Knowledge Network have already taken place at Spring Internet World in Los Angeles this week. The aim is to combine web-based knowledge management software with document management systems. PC DOCS also announced that it had acquired all the common shares of its Asian distributor, PC DOCS Asia Ltd, for cash. In order to have a direct presence in Asia. The PC DOCS application is available in Japanese, Chinese and Korean, and Fulcrum has built up a strong presence in Asian markets, particularly Japan.
