Stock Watch: Documentum Gains on Software Alliances

Documentum (Nasdaq: DCTM) rose 14 9/16 to 85 7/8 Tuesday after the company announced a pair of agreements with BroadVisionInc. (Nasdaq: BVSN) and Art Technology Group (Nasdaq: ARTG).

Documentum said it will team with BroadVision to offer personalized communications, transactions and services to online businesses. Additionally, BroadVision will be a reseller of Documentum’s content management products.

“Partnering with industry leaders like BroadVision allows our customers to have the competitive advantage of leading edge e-business technology,” said Dave De Walt, executive vice president of product operations at Documentum.

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