Most of the Public Servants here will have at least heard of or used TRIM Context at some stage.
Well the company that started it all out of a garage in Canberra is now in the process of being acquired by HP.
For those that don’t know who TOWER Software are:
Tower was founded in 1985 and is headquartered in Canberra, Australia, with additional offices in Australia, North America and Europe. Tower has 240 employees. Tower develops and markets enterprise content management software and solutions, primarily for regulated and government industries. Tower’s software products include electronic document and records management, business process automation, web content management, document capture and assembly, collaboration and information management solutions.
Press Releases from today’s announcement:
http://www.hp.com/hpinfo/newsroom/press/2008/080331xb.html
http://biz.yahoo.com/bw/080331/20080331006631.html?.v=1
This is big news for Canberra and all current TOWER employees and understandably we are all anxious about the future of the product and our employment.
So far we have been reassured that no one will be made redundant, but we’ll have to wait and see over the coming months if they stick to their word.
This may even turn out to big a hugely positive move for TOWER and allow the product to gain a larger market share around the world.
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