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Article: IntraNet Solutions Acquires Select Content Management Assets From RESoft for $5.5 Million in Common Stock.
- Article from:
- Business Wire
- Article date:
- July 23, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--July 23, 2001
Strategic move expands IntraNet Solutions' reach
in vertical markets
IntraNet Solutions(R), Inc. (Nasdaq:INRS), a leading provider of Web content management solutions, announced today that in July 2001 it acquired select assets of RESoft, a wholly-owned subsidiary of Stonehaven Realty Trust (AMEX:RPP) and a leading provider of end-to-end content management solutions for the real estate and legal industries, for 200,000 shares of IntraNet Solutions common stock valued at approximately $5.5 million.
IntraNet Solutions will integrate RESoft's ...