Datawatch to acquire Clearstory System’s Radiant Document Solutions

ClearStory Systems, a provider of digital asset management (DAM) solutions, has agreed to sell its Radiant Document Solutions to Datawatch.

Under the terms of an asset purchase agreement, Datawatch will acquire intellectual property and a portfolio of assets associated with ClearStory’s Radiant Document Solutions, including its Radiant Business Document Server Suite and Radiant MailManager. The deal is subject to regulatory approvals.

Henry F. Nelson, ClearStory president and CEO, said the deal will allow the company to focus on its core digital media businesses. ClearStory’s ActiveMedia product is a digital asset management (DAM) solution for managing media content. It is built on ClearStory’s Enterprise Media Server (EMS) and is available both as an in-house or hosted solution.

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