divine inc. said it will buy Eprise Corp. for about $43 million in stock to expand further into Internet content management. Chicago-based divine, which has been snapping up low-priced Internet companies all summer long, said it would issue about 54 million shares of class A stock for all of Eprise’s shares. Eprise shareholders will get 2.4233 divine shares for every share of Eprise common stock. Based on divine’s closing Nasdaq stock price on Monday of 80 cents, those terms value Framingham, Massachusetts-based Eprise at $1.94 per share, more than double its closing price Monday of 71 cents, also on Nasdaq.
In early Tuesday trading, Eprise shares were up 43 cents, or nearly 61 percent, at $1.14. Shares of divine were down 9 cents, or more than 11 percent, at 71 cents. The company said the acquisition of Eprise would expand its market share in the business of providing software that manages Web content and would contribute significantly to revenue. www.divine.com
Category: Content technology news (Page 446 of 648)
Curated information technology news for content technology, computing, and digital experience professionals. News items are edited to remove hype, unhelpful jargon, iffy statements, and quotes, to create a short summary — mostly limited to 200 words — of the important facts with a link back to a useful source for more information. News items are published using the date of the original source here and in our weekly email newsletter.
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SilverStream Software, Inc. and Autonomy, Inc. announced they have entered into an OEM agreement to embed a core piece of Autonomy’s dynamic reasoning engine within SilverStream eXtendDirector 3.0 (eXtend Director). A key piece of the SilverStream eXtend product suite, eXtend Director 3.0 has a comprehensive set of capabilities for consuming and delivering dynamic content, data and Web Services in a relevant way to customers, partners and employees on any device. Available today in beta eXtend Director is J2EE compliant and runs on J2EE application servers including the SilverStream eXtend Application Server. Autonomy’s technology enhances eXtend Director’s content management subsystem by enabling computers to automatically analyze and rank concepts within unstructured information — including email, voicemail, Web pages and word documents — so that it can be categorized, linked to related information and delivered to the appropriate person. www.autonomy.com/, www.silverstream.com
FpML.org has published Financial products Markup Language Version 2.0 as a working draft and is seeking comments from interested parties before issuing a last call working draft. Version 2 extends coverage to interest rate option and swaps. The working draft can be obtained via www.fpml.org/spec/index.html. Comments on the working draft are requested by Friday, 9th November 2001 via fpml-issues@yahoogroups.com. The final step in the progress of Version 2.0 is to be endorsed as a Recommendation by FpML.org. A Recommendation reflects consensus within FpML.org, as represented by approval from the Standards Committee. The Standards Committee considers that the ideas or technology specified by a Recommendation are appropriate for widespread deployment and promote the mission of FpML.org. FpML.org endorsed FpML version 1.0 in May 2001. It covers interest rate swaps and forward rate agreements. www.fpml.org
Ascential Software Corporation announced the second release and immediate availability of the Ascential Media360 Digital Asset Management solution. Media360 version 2.1 introduces improved functionality across several Media360 modules, in the areas of performance, integration and interoperability.
Media360 is a key part of Ascential’s product portfolio for Information Asset Management. With this release, Media360 offers advanced workflow management. It offers real-time access to video and audio data while it is being ingested. Media360 version 2.1 introduces improved functionality across several Media360 modules, in the areas of performance, integration and interoperability. www.ascentialsoftware.com
iKnowledge, Inc. introduced the ActiveContent Suite and Content Network Gateway for managing and distributing mission critical business content for media and entertainment, financial services, healthcare and the enterprise. iKnowledge’s ActiveContent Suite is a rich-media and digital asset management and distribution solution that enables companies to aggregate content, in its native format, from a wide range of sources. Companies can then fuse this content with business logic and accelerate its distribution over any network such as wireless, broadband, and narrowband to multiple devices such as WAP phones, PDAs, PCs, iTV, and set-top boxes. The new iKnowledge ActiveContent solution works within existing infrastructures, combining content management functionality with distribution capabilities. Ultimately, the ActiveContent Suite allows users to manage content distribution through its new Content Network Gateway. The Content Network Gateway allows a user to profile distribution end-points and then define the rules for distributing content over any network to any end device. www.iknowledge.com
Arbortext, Inc. announced availability of Epic version 4.2. This latest version supports collaboration through change tracking, inline editing of document components, and easier conversion of multiple content formats to XML. Epic 4.2 also enhances Arbortext’s support of XML standards through a combination of full support for XSL by offering both XSLT and XSL-FO publishing engines. Because XSLT enables online publishing and XSL-FO enables print publishing, organizations that implement Epic 4.2 can build an automated multichannel publishing system. Epic Editor’s change tracking capability fully supports the process of information creation, review and approval so that groups of authors and editors can work collaboratively to provide customers with fresh, consistent and complete information on all types of media. Epic 4.2 will ship in September 2001. All Arbortext customers under maintenance are eligible to receive the Epic Editor 4.2 upgrade at no charge, and the upgrade will be automatically shipped to them. http://www.arbortext.com
Cardonet, Inc. announced version 3.1 of the Cardonet Transactive Catalog, a production catalog and discovery engine offering a full range of automated services to help search, compare and select products from within an online catalog. Cardonet’s enhanced engine is capable of functioning as a single-vendor or multi-vendor remote “web catalog” using third-party commerce protocols, such as Ariba’s PunchOut, CommerceOne’s RoundTrip and SAP’s Open Catalog Interface (OCI). The Cardonet Transactive Catalog is an optional component of Cardonet’s e-catalog automation platform. The Cardonet Transactive Catalog can be easily loaded with catalog information from the Cardonet e-catalog automation platform and used by manufacturers or distributors to offer customized views of their catalogs, or can be used by large corporations as a multi-supplier purchasing catalog tightly linked to their e-procurement application. Other new features of the Cardonet Transactive Catalog software include a customizable parametric search application, a built-in shopping cart, support for multiple buyer-specific catalog views, and a set of APIs for tailoring the catalog’s appearance and operation. The Cardonet Transactive Catalog is available now with list prices starting at $50,000.
Vignette Corp. announced a new global pricing model for licensing all of its applications, including the newly launched Vignette V6 software and its packaged applications, such as the Vignette Enterprise Application Portal (VEAP). Vignette’s new pricing model makes it easier for organizations to anticipate costs for deployments and implementations of all sizes. The simplified pricing structure will provide a new alternative for companies that previously may have felt compelled to consider less-comprehensive or -sophisticated technology. Vignette’s new price structure moves away from practices such as “transaction based,” “per page view,” “user based” and “named processor” pricing. The new global pricing structure generally consists of standard, published prices for each Vignette application paired with a scaling factor for each additional processor on which the application will operate. The Vignette Content Suite V6 can now be purchased in Ready-to-Go solutions for small to medium- sized portal or Internet application deployments beginning at approximately $200,000. Pricing for Vignette V6 and Vignette packaged applications is based on a base price with a single scaling factor for each additional CPU. This simplified pricing model applies to all Vignette products currently being shipped, including Vignette V6 and the recently announced Vignette Enterprise Application Portal, Vignette Financial Advisor Suite and Vignette Merchant Suite. www.vignette.com/

