Versant Corporation announced that it has signed a definitive agreement to merge with Poet Holdings, Inc. Poet shareholders will receive 1.4 shares of Versant Common Stock in exchange for one Poet share. Based on Versant’s stock price as of close of market on September 26, 2003 the Versant stock to be issued to Poet shareholders would be worth approximately $26 million and represents approximately 45% of the pro forma combined company’s outstanding shares. Poet’s Fast Objects object database complements Versant’s VDS object database, which is used in high-performance large-scale real-time applications. The joint product line will offer customers the ability to manage XML and other types of hierarchical and navigational data. Versant also plans to target a broad range of applications that include data management, telecommunications, real-time integration, catalog information for supply-chain, and government and defense applications. www.versant.com, www.poet.com
Month: September 2003 (Page 2 of 6)
Global Moxie announced the release of Big Medium 1.2, a major update to the company’s web content management system. Big Medium is browser-based software that enables non-technical staff to update websites without learning HTML. New features in Big Medium 1.2 include RSS news feeds, support for non-western languages and a new, streamlined editing interface that makes webpage publishing even easier. The suite of Perl scripts is $129 for web servers running Linux, Mac OSX, Solaris, BSD and other Unix operating systems. A free
online demo is available. www.globalmoxie.com
Open Text Corporation said it will release a new product this month called Livelink Review Manager for Acrobat, which lets users securely execute multiple, parallel reviews of legal and regulatory documents. Livelink Review Manager for Acrobat integrates the review and comment features of Acrobat with Livelink’s document management features. With Livelink Review Manager for Acrobat, users’ changes are maintained in separate comment files within the repository and linked to the original document. The input from reviewers can then be assessed and consolidated by editors, who are the only ones with access to the original, which is securely protected in Livelink. The solution also adds a Review Comments tab to Livelink, giving document authors access to review history, including the names of the reviewers, a link to the associated comment files, and the dates and times when the comment files were modified. Livelink Review Manager can be installed with no plug-ins or downloads required, and works with Acrobat 5.0.5 and above. www.opentext.com
Interwoven, Inc. announced broad support for the Microsoft .NET platform and its programming model, the .NET Framework. Interwoven’s recently announced ContentServices 2.0 SDK (CS SDK) is a Web Services toolkit that interoperates with the .NET Framework. ContentServices 2.0 supports WSDL 1.1 and provides these files for developers to integrate content management into packaged applications such as portals, CRM, ERP, and custom applications. .NET developers can access Interwoven Content Services with Visual Studio .NET. Future releases of Interwoven ContentServices will expose the entire Interwoven product line as a layer of Web Services that can be used in any .NET initiative. They will enable point-and-click as well as custom integrations with .NET-based portal servers such as SharePoint, and will support the recently ratified Web Services for Remote Portlets (WSRP) specification in order to support .NET servers. www.interwoven.com
eiStream, Inc. announced the acquisition of electronic document management and workflow provider Lexign, Inc. Lexign markets two products: Keyfile, a document management and imaging repository that was developed in 1989; and Flow, a Microsoft Exchange-based workflow automation tool. Lexign offers document tracking, management, organization and version control. The Keyfile client interface offers the look and feel of a Microsoft Windows desktop or a Web browser, depending on user preference. The Keyfile Document Server (KDS), an object database, serves and stores documents and implements business processes. Lexign Flow is a business tool that automates mission-critical business processes regardless of complexity. It may be deployed in a single department, across an enterprise or in business-to-business environments. Lexign was founded in July 2001 with the merger of icomXpress (formerly Keyfile), thinkXML and E-Lock Technologies. www.eistream.com
XML Global Technologies, Inc. announced that it has signed a definitive agreement to sell all of its business assets to Xenos Group Inc. Xenos will acquire XML Global’s intellectual property, customer relationships, and operating assets and will retain most employees. The terms of the transaction call for Xenos to pay $1,250,000 and to issue 1,000,000 shares of common stock to XML Global in exchange for the purchased assets, including the GoXML eBusiness product line. Xenos will provide a price guarantee on the Xenos shares to XML Global such that Xenos under certain conditions may make additional cash payments to XML Global, not to exceed C$1,340,000, in the event that Xenos shares are trading below C$3.50 prior to the anniversary date of the closing. The parties hope to be able to consummate the purchase and sale by the end of December 2003. Xenos and XML Global have entered into a co-marketing agreement allowing Xenos to market and sell XML Global’s products and services pending completion of the acquisition. www.xenos.com, www.xmlglobal.com
Moreover Technologies announced it has launched a real-time weblog search tool for the enterprise. The product harvests information from over 25,000 hand selected, business-critical weblogs. To overcome the issue of the variable quality of blog content the team of human editors at Moreover Technologies assigns each blog a ranking that corresponds to the reliability, integrity and caliber of the blog thus enabling users to instantly identify high value information. Additionally, each blog is tagged with a wide range of metadata including, but not limited to, the number of incoming and outgoing links to it as well as the blog’s status in the wider blogging community. The aggregated blog information is also available to users as pre-configured or customized topical ‘feeds’. Blog content will also be made available via Moreover’s ci-metabase product — a complete and constantly updated XML feed of all information harvested by Moreover — allowing a completely customized solution for the enterprise. www.moreover.com
Xyleme and Inxight Software Inc. announced that they have signed an OEM deal and a VAR agreement. Xyleme will integrate Inxight’s LinguistX product into its XML repository and will distribute both Inxight ThingFinder and Inxight Summarizer. The integration of Inxight LinguistX with Xyleme Zone Server allows a technical evolution to the Xyleme solution. The new edition will take the name Xyleme Zone Server Lx, referencing the linguistic functionality made possible by integrating Inxight software. Integrating Inxight LinguistX has reduces the size of the index by about 20%, improves response precision for selected complex queries, and provides support for an extended collection of natural languages. In addition to English and French managed by the Xyleme Zone Server Classic edition, Xyleme Zone Server Lx will be able to manage Danish, Finnish, German, Italian, Norwegian, Portuguese, Spanish, and Swedish. Inxight and Xyleme also reached an agreement that will allow Xyleme to distribute Inxight ThingFinder and Inxight Summarizer. www.xyleme.com, www.inxight.com
