Check out the press release on the lotus.com home page. This is an exciting acquisition and a great opportunity for partners to utilize this product in their own solutions.
You can read the press release yourself, so I won't reiterate it here. However, I think one of the great things about PureEdge is that it provides a standards based form definition, using XForms, along with high value features, like offline, digital signing, and wysiwyg form rendering (think Tax forms that you can print out). Because it's a "form component", it can be combined with anything else the customer has in their IT Infrastructure.
I'm sure more info will be coming out in the next few weeks.
Until then, go to PureEdge Solutions for more info.
Sr. Product Manager, IBM Workplace Application Development