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.
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.
DolphinSearch, Inc. announced the release of its new Online eDiscovery Review Console for electronic discovery management. The DolphinSearch Online eDiscovery Review Console provides new work flow management, estimation tools, and management dashboards for complex eDiscovery projects. The Console is designed for large corporations, government agencies, and law firms involved with complex legal projects, including class action lawsuits, which can span years, international borders and multiple languages. It is for large and complex litigations where cases can require the review and analysis of millions of pages of documents, terabytes of data and tens of thousands of hours of attorney and paralegal time. The new dashboard technology finds all of the information attorneys and review managers need to track their team’s progress through the review. The dashboard is available now to all DolphinSearch eDiscovery customers. Coming soon is an enhanced version with a built in work-assignment wizard that allows review managers to distribute work among any number of reviewers.
X1 Technologies announced the availability of the X1 Content Connector for Interwoven WorkSite. Now users of X1 Enterprise Edition have a pre-built connector to the Interwoven WorkSite 8 document management repository, enabling a unified presentation of search results across both local and server-based content upon which users can immediately act. Through the new X1 Content Connector, the client interface provides access to WorkSite document management functionality, including “open,” “check-in,” “check-out” and “send” features. X1 Enterprise Edition aligns with existing Interwoven security schemes and provides schedule-based indexing, so that users can take action on the search results. Law firms can now expand their enterprise desktop search capabilities to include designated repository systems, such as WorkSite 8, enabling their users to quickly produce information that may be relevant for a civil or criminal case. http://www.x1.com
Alfresco Software Inc. announced the Alfresco Partner Network Program to help organizations market, configure, customize and implement solutions leveraging Alfresco software for customers. More than 25 companies are already on board from the USA, Canada, UK, France, Sweden, Spain, Belgium, the Netherlands, Switzerland, Columbia, Chile, Mexico, Venezuela and Australia. These range from open source software providers to systems integrators, OEM, training and hosting companies. Companies that have already joined the program include System Integrators: Cignex, Comanaco, CorraTech, Enomaly, Evoltia, Lateral Minds, Lemontech, Mayastec, NeoDoc, Optaros, Rivet Logic, Saillant, SuiteSpot Solutions, TS Group, and ukwebworks; OEMs: Aimset and NeoDoc; Hosting: Hoike and Siennax; Training: Cignex and Rivet Logic. Alfresco is also adding to its existing ISV partner ecosystem with Technology Partners: BitRock, JBoss, MySQL AB, Novell, SugarCRM, Zend Technologies, and 3BView.
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
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