WebSideStory announced a merger with privately held Visual Sciences, LLC, a provider of streaming data analysis and visualization software and on-demand services with 40 employees and over 40 customers. The total value of the consideration payable to the former holders of interests in Visual Sciences based on yesterday’s closing price is $57.3 million and is comprised as follows: $22.0 million in cash; unsecured senior notes in the principal amount of $20.0 million; 568,512 shares of common stock to be held in escrow until March 31, 2007; and 189,511 shares of restricted common stock. In addition, in connection with the merger WebSideStory issued the former holders of interests in Visual Sciences warrants to purchase 1,082,923 shares of common stock with an exercise price of $18.4685 per share, exercisable for the next 18-months, and options to purchase 350,000 shares of common stock to the former employees of Visual Sciences. The transaction has aleady closed. Visual Sciences will operate as a wholly owned subsidiary of WebSideStory, Inc. Co-founders Jim MacIntyre and David Scherer will serve as CEO and CTO of the business unit, respectively.
Mediasurface launched the latest version of its content management suite (CMS). Version 5.3.5 marks the arrival of the Morello Web Client, the company’s new web-based content management interface. The Morello Web Client is almost indistinguishable from its Morello Smart Client desktop equivalent. It allows web-based content contribution through both Internet Explorer and Firefox browsers.
FileNet Corporation (Nasdaq: FILE) announced FileNet Web Site Manager, a Web content management solution that manages the user experience and delivers content for large numbers of global Web sites from a single platform. FileNet Web Site Manager provides dynamic content management, allowing Web content to be personalized and targeted to a specific audience, while also ensuring that content is timely and relevant. Web authors can take advantage of a Web content management interface or simply manage their content directly in FileNet P8, portal environments, Microsoft Office or SharePoint environments. FileNet Web Site Manager also provides multi-site management capabilities, supporting localized content, in a multilingual environment, while conforming to overall branding and site structures. FileNet’s WCM suite utilizes a single source content management model, allowing business users to publish to multiple audiences via multiple channels, in multiple formats and languages from a single underlying item of content. FileNet’s WCM suite includes FileNet Web Site Manager, FileNet Document Publisher and FileNet Site Publisher. FileNet Web Site Manager is currently scheduled to begin shipping in the first quarter of 2006, and is available now. Pricing starts at $100,000. http://www.filenet.com
Whale released its newest module optimized for EMC Documentum Webtop, providing enterprises with secure and seamless access to corporate repositories and content management services from any web browser. Whale’s Intelligent Application Gateway products are based on SSL VPN technology and include Whale-developed endpoint security and application security components. The solutions enable organizations to provide, in a portal-like manner, secure access to corporate information resources and applications, both web and non-web, offered by varying vendors. With Whale’s out-of-the-box module enterprise users can now access virtual documents, My Files, content subscriptions, and lifecycle management and also enter collaborative rooms, discussions, notes and contextual folders through a single secure gateway from virtually any fixed and mobile endpoint. In addition to applications such as EMC Documentum Webtop, Whale provides secure access to applications from vendors including Microsoft, IBM, SAP, Citrix and Novell. Whale’s pre-configured application-optimized modules are bundled into Whale’s appliance. The modules provide positive logic URL filtering, seamless single sign on, integrated two-factor authentication, clearing of proprietary caches and secure logoff.
SpringCM launched as an on-demand content management company for businesses of all sizes. Dozens of customers, ranging from service and manufacturing businesses to state agencies and non-profits, are already leveraging SpringCM’s solutions to share and manage documents, images and multi-media files, inside and outside the organization. By combining software-as-a-service (SaaS) technologies with a complete and integrated solution, SpringCM can provide any businesses an affordable alternative to installed client server solutions. With SaaS there is no need to install or download the software. http://www.springcm.com