Canto announced “Internet Client Pro”. Internet Client Pro, part of the
Cumulus Enterprise Edition, is based on Cumulus Java Classes and JSP technology and replaces the “Internet Client” based on cgi technology. Internet Client Pro is especially designed for users who do not merely publish their assets but also intend to use them for marketing and generating business, as is the case in marketing departments, ad agencies, publishing houses, and PR
departments. Internet Client Pro is only compatible with the Cumulus Enterprise Edition. Internet Client Pro enables users to create dynamic web pages allowing visitors to search for images and other documents within Cumulus catalogs using a standard Web browser, then they can sort and select and place the items in a collection basket for download. According to their user rights visitors also can catalog new assets, assign assets to new categories, edit and update stored metadata or check out and check in assets for local processing without having to install additional software. Internet Client Pro is due to be available in the middle of February 2003 with an English, German, and French user interface on Mac OS X, Windows, Solaris and Linux platforms. www.canto.com
Day: January 8, 2003
Open Text Corporation and Eloquent, Inc. announced that they have entered into a definitive acquisition agreement in which a wholly owned subsidiary of Open Text will acquire all of the issued and outstanding shares of Eloquent for cash consideration of up to US $6,720,000, or approximately $0.34 per share, of which US $1,000,000 will be held in escrow to secure certain representations, warranties and covenants of Eloquent in the acquisition agreement. The purchase price is also subject to downward closing adjustment based on Eloquent’s net cash at closing as described in the acquisition agreement. The companies expect the transaction to close in the next 90 days subject to certain conditions, including approval by Eloquent’s stockholders. Eloquent’s “sales readiness” solution, LaunchForce, is designed to deploy corporate knowledge to front-line employees and partners. Benefits of integration with Open Text’s Livelink include: enhancing Livelink MeetingZone with live video conferencing and rich automatic archiving, adding Livelink for Sales Readiness to the Livelink Application Portfolio, and adding collaboration and knowledge management capabilities to LaunchForce. www.eloquent.com, www.opentext.com
