We explore this question at length in this week’s issue of DIR, coming soon. We will tell you that the deal, to us in the ECM know at least (wink, wink, nod, nod) is more complex than Big Blue just wanting to increase its software business, as many pundits, such as this one, are suggesting. After all, only something like 40% of FileNet’s revenue is from software. The rest is from services. Then again, IBM knows a little about services as well. So, why’d they really do it? Well, you’re going to have to get DIR to find out. (Unless, of course, you think you know, than please share.) Comments below.