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Corbis Sells eMotion

Open Text, a provider of enterprise content management software, said today that it has acquired Seattle-base eMotion LLC, a division of Corbis Corporation, focused on the digital media asset management market. Open Text said it would pay approximately $5M, net of cash and assets, for eMotion, which is headquartered in Seattle with a team based in Virginia. eMotion will become part of Open Text's Artesia Digital Media Group. Corbis purchased eMotion in July of 2005, and was at that time based in San Francisco. Jon Schupp, Vice President of Media Services at eMotion joins Open Text's Artesia Digital Media Group as Vice President, Software Services.


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