Content management
In December, 2002, (announced in October) Documentum acquired eRoom Technology in a cash-and-stock transaction valued at more than $100 million. After Documentum bought eRoom Technology, Inc., they began integrating the eRoom product with their Content management platform, Documentum 5. The first integrated release, eRoom Enterprise, was released in February, 2003. Version 7 of eRoom, which was released later that year, added a library of horizontal applications for audit management, deal management, customer management and project management.