| Company type | Subsidiary ofHewlett-Packard |
|---|---|
| Industry | Computer software |
| Founded | 1985 |
| Founder | Brand Hoff |
| Headquarters | Canberra, Australia |
| Products | HP TRIM Records Management System software |
| Website | HP Enterprise website |
| Footnotes / references Acquired byHewlett-Packard in May 2008 | |
TOWER Software was asoftware development company, founded in 1985 inCanberra,Australia. The company provided and supportedenterprise content managementsoftware, notably its TRIM product line for electronicrecords management.
TOWER Software was acquired byHewlett-Packard Company in 2008 as a part of itsHP Software Division.[1][2]
TOWER Software began makingrecords management software in 1985.[3] It shifted to providingelectronic document and records management software with the introduction of TRIM Captura in 1998. TRIM Context was released in 2002. In 2004 the company re-branded itself as a provider of enterprise content management solutions.
TOWER Software contributed to the development of international and local standards by sitting on a working group to develop AS4390 (the Australian standard for records management), which influenced the ISO 15489 standard, and by reviewing the MoReq and DoD 5015.2 standards.[4]
In April 2008, TOWER Software shareholders were advised of the company's intention to accept an offer byHewlett-Packard to acquire the company for approximately US$105 million.[5] At that time, TOWER Software had 1000 customers in 32 countries representing the public sector and highly regulated industries such as healthcare, energy and utilities, and banking and finance.[6]
TRIM Context is now calledHP TRIM Records Management System software and is based on theISO standard 15489 for records management.[7] TRIM software also has U.S. Department of Defense (DoD) 5015.2 certification and adheres to the principles outlined in AS4390.[8]