This documentation and the component itself are
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DataMerge Component Overview

The DataMerge component allows you to merge a list of variables into a text file or string of text. This capability is valuable for adding features such as form letters to your application.

You can specify any starting and ending variable delimiters that you want. The component will then search out those delimiters within the source text you provide. What is between the delimiters is considered a variable. You can provide the component with a list of variables and their values before performing a merge. If the component does not find a variable in the pre-defined list, it fires an OnLookup event that allows your program to decide what to replace the variable with.

The component is a non-visible component that can be placed on your form or created dynamically at runtime.