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Short Take: Open Market sells its OM-Express

Open Market, a provider of Internet commerce software, announced that it has completed the sale of its OM-Express software product to DocuMagix, a of provider of personal desktop content management software. Open Market and DocuMagix will enter into a joint sales and marketing partnership. In addition to an initial payment, Open Market will continue to receive royalties from DocuMagix based upon sales of DocuMagix's HotCargo Express product incorporating OM-Express.

Open Market, a provider of Internet commerce software, announced that it has completed the sale of its OM-Express software product to DocuMagix, a of provider of personal desktop content management software. Open Market and DocuMagix will enter into a joint sales and marketing partnership. In addition to an initial payment, Open Market will continue to receive royalties from DocuMagix based upon sales of DocuMagix's HotCargo Express product incorporating OM-Express.