<p>IBM Corp. said Wednesday it has purchased Green Pasture Software of Corvallis, a privately held company that specializes in content management programming.</p><p>Green Pasture Softwares East Coast operations are based in Marietta, Ga. The 10 employees there will move to IBMs facilities in Cobb County, just outside Atlanta.</p><p>Green Pastures specialty software allows users to create complex documents such as financial and annual reports, product manuals, and pharmaceutical submissions for clinical trials faster and easier with multiple forms of content, including spreadsheets, photos and multimedia files.</p><p>The software also enables companies and other organizations to electronically collaborate, edit and manage multiple documents at the same time.</p><p>Details of the purchase were not disclosed.</p><p>Industry analysts such as Meta Group estimate the content management software market will exceed $9 billion by 2007, with strong growth in government, financial services, pharmaceutical, chemical and petroleum, and other regulated industries that manage massive amounts of information.</p><p>Gartner Dataquest recently ranked IBM, based in Armonk, New York, as the leading content management provider with 34 percent growth in new license revenue _ three times the growth of its nearest competitor.</p><p>Green Pasture marks the 13th acquisition for IBMs software division since 2001.</p>
