Category: Content technology news (Page 307 of 639)

Interwoven, Inc. and iManage, Inc. announced they have entered into a agreement to merge in a stock and cash transaction valued at $171 million. The two companies have a combined customer base of over 2500 companies. iManage’s strength in professional services and financial services complements Interwoven’s base in manufacturing and consumer goods. iManage will benefit from Interwoven’s presence in Europe and Asia Pacific, while Interwoven gains access to a network of over 150 partners, VARs, and systems integrators in North and Latin America. Both products have been developed with Java and J2EE. The combined companies plan to integrate iManage’s collaborative technology with Interwoven MetaTagger content intelligence server software, to improve the ability to personalize and find relevant content, and link iManage’s content repository with Interwoven OpenDeploy content distribution software, to distribute collaboratively developed documents and corporate knowledge. The new company will be named Interwoven and will be headquartered in Sunnyvale. iManage shareholders will receive $1.20 per share in cash and 2.0943 shares of Interwoven stock for each share of iManage stock. Following the expected closing in Q4 Interwoven shareholders are expected to own approximately 67% and iManage shareholders 33% of the combined company. The iManage product line is available today from Interwoven and can be purchased for an entry price of $75K. www.interwoven.com, www.imanage.com

Insightful Corporation announced InFact 2.5, a product upgrade to its text analysis software targeted primarily at defense intelligence and pharmaceutical markets. InFact 2.5 is designed to deliver a new relationship search capability using a new user interface and Java API that enables integration with other applications and portal-based solutions. The release also provides increased precision and recall. With the new release, the user can constrain relationship search results by entity type. The new API allows integration with third party visualization tools enabling graphical discovery of relationships. InFact is designed to help researchers analyze unstructured data to find critical information quickly. Utilizing linguistic search and information extraction techniques based on full sentence parsing, InFact helps researchers achieve a degree of understanding beyond key word and entity search. InFact 2.5 is now available for Sun Solaris. www.insightful.com

JDA Software Group Inc. announced that it has acquired substantially all of the remaining assets of Engage Inc. for $3.0 million in cash. Using Engage’s digital asset management and ad layout capabilities, JDA clients will be able to produce localized customer communications in less time and at reduced costs. As the successful bidder in a Chapter 11 auction, JDA gained all intellectual property for Engage’s four current product lines that target retailers, agencies, newspapers and corporations as well as all equipment. JDA expects to spend up to an additional $800,000 for assumed liabilities, which will bring the total cost of the Engage acquisition to approximately $3.8 million. JDA has extended employment offers to approximately 30 former Engage sales, development, services and support associates. JDA will close Engage’s headquarters in Andover, Mass., and establish a more appropriately configured office in the nearby area. For the nine months ended April 30, 2003, Engage’s total unaudited revenues were $8.2 million, which included $2.3 million in software licenses, $3.1 million in maintenance revenue and $2.8 million in services revenue. www.jda.com

Stellent, Inc. announced a solution designed to help companies streamline their processes for complying with the Sarbanes-Oxley Act. The Stellent Sarbanes-Oxley Solution allows all of the various parties involved in the compliance process to create, manage, share, track, approve and archive all information pertaining to disclosures and financial reporting with minimal training, using only a browser. The solution is personalized for non-technical business users, such as auditors, accountants and chief financial officers (CFO), and features an interface that utilizes field-specific terminology and guides people through the system. The Stellent solution supports any file type, including rich media files such as earnings conference calls or videoconferences, and automatically converts content to Web-based formats, such as HTML or PDF. In addition, Stellent will collaborate with Protiviti Inc., an internal audit and business and technology risk consulting firm and an expert in corporate governance issues and Sarbanes-Oxley compliance, to support customers in managing their Sarbanes-Oxley requirements. www.stellent.com/sarbox

Entology announced its support for the Interwoven 6 platform. Entology and Interwoven have been partners since 2001, and have delivered content management, portal, Web Service, and customized business solutions for mutual customers. The improved usability in TeamSite 6.0 will facilitate Entology’s development of customized content management services that target a much wider user audience within an organization. Entology has deployed integrated solutions with the Interwoven product line that provide services including: taxonomy/metadata management, Web content management, advanced document management/renditioning, portal service integration, and consolidated hosting infrastructures. In addition to developing custom solutions, Entology provides a full set of standardized JumpStart, HealthCheck, and Value Assurance offerings focused on the Interwoven platform. www.entology.com, www.interwoven.com