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Upland Software buys content management platform

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Upland Software buys content management platform

Upland SoftwareInc. has acquired Advanced Processing & Imaging.

The acquired content management platform will be combined withUpland Software's enterprise workflow automation solution, FileBound.

Advanced Processing & Imaging offers document managementsolution and workflow automation solution to K-12 school districts, local governmentagencies and small and mid-sized businesses, according to an April 27 news release.

The transaction will be immediately accretive to Upland Software'sadjusted EBITDA per share.