M-Files Acquires StreamDesign to Expand ECM Market in France

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Leading Provider of ECM Solutions Continues Investments in Key European Markets

DALLAS, TX –  M-Files Corporation, a provider of solutions that dramatically improve how enterprises manage documents and other information, today announced the acquisition of StreamDesign, a consulting and information management services company based in France.

M-Files has built a strong presence in France via the company’s channel network, with StreamDesign serving as one of its most successful partners in the region. With the acquisition of StreamDesign, M-Files has established its French headquarters that will enable the company to accelerate the growth of its customer base through its growing channel partner network, as well as via direct sales and support activities.

The M-Files acquisition of StreamDesign comes as an increasing number of French enterprises are recognizing information management as a strategic priority. As a result, many organizations in the region are looking for solutions to help them eliminate manual, error-prone processes and replace existing ECM systems that have proven to be complicated and difficult to use.

“M-Files is dedicated to helping French companies address their demanding information management needs with our uniquely simple and flexible approach that led Gartner to list M-Files as the only visionary in their ECM Magic Quadrant,” said Jim Geary, Executive Chairman at M-Files. “Our acquisition of StreamDesign accelerates our growth plans in France by continuing to elevate the level of support we provide our partners and ensuring we deliver the highest level of customer service and support possible to our customers.”

A recognized global leader in the enterprise content management (ECM) and document management markets, M-Files has thousands of customers and more than 500 partners in more than 100 countries. The company has received numerous awards and accolades, as well as recognition in key industry and analyst reports, such as the Gartner Magic Quadrant for Enterprise Content Management (ECM) and the Forrester Wave: Enterprise Content Management.

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