Hyland Software has acquired Matrix Imaging, a privately held systems integrator that specializes in delivering enterprise content management (ECM) solutions to higher education institutions. Hyland Software develops the OnBase enterprise content management software suite while Matrix Imaging has been an Authorized OnBase Solution Provider since 1998. Terms of the transaction were not disclosed.
As a systems integrator, Matrix focuses solely on document imaging, workflow and related technologies that extend the value of a university's preexisting student information systems for operations such as enrollment and financial management, student services and financial aid. The Michigan office will become a remote office of Hyland Software and function as the Company's higher education services division.