Interwoven Announces Definitive Agreement to be Acquired by Autonomy
Two high-performing companies sharing a vision to improve the way organizations understand and interact with information
On January 21, 2009, Interwoven entered into a definitive agreement to be acquired by Autonomy, the clear leader in enterprise search and the front runner in Meaning-Based Computing. Read the full press release.
A Shared Vision
This acquisition brings together two quality, high-performing software companies who share a vision to improve the way organizations understand and interact with information.The combined company will have more than 2,000 employees and 20,000 customers.
To enable Interwoven customers to continue existing and planned deployments without disruption, Autonomy has announced that it will support and develop the entire family of Interwoven products in line with all currently published Interwoven roadmaps. This commitment extends across all Interwoven product lines:
Web Solutions product suite (Interwoven TeamSite, Optimost, MediaBin, LiveSite, MetaTagger, OpenDeploy and ControlHub)PSIS product suite (Interwoven WorkSite, Universal Search, Records Manager)Global Capital Markets product suite (Interwoven EnConnect and Scrittura platform).The combination of Autonomy’s flagship product IDOL (with its ability to extract meaning from content in whatever form it takes) with Interwoven's suite of products (which focuses on managing the interactions of people and content) will quickly create a new set of technologies that will extend all of Interwoven’s core market offerings for driving online business performance and firm productivity and growth. We look forward to keeping you updated on this exciting combination.
About Autonomy
Autonomy is a publicly-listed company with $3B market capitalization with dual headquarters in Cambridge, UK and San Francisco, California. Autonomy is known for its unique ability to understand the meaning of all types of human-friendly information including emails, instant messages, electronic documents, web pages, social networks, audio and video.
Autonomy is a top-performing global software company with a sterling reputation for growth and profitability. Additionally, Autonomy has a world-class reputation for innovation and expenditure in Research & Development. Autonomy’s clients represent the top end of the market across all sectors including: financial services (JP Morgan, Citi, Deutsche Bank, Lloyds TSB), legal (Clifford Chance, Deloitte, Huron), technology (McAfee, Symantec, Xerox), and intelligence/defense (BAE Systems, multiple US intelligence agencies, US DEA, and the European Commission).
Learn more about Autonomy
Additional Information About the Proposed Transaction and Where You Can Find It
In connection with the proposed transaction, Interwoven filed a definitive proxy statement and other relevant materials with the Securities and Exchange Commission ("SEC"). The definitive proxy statement has been mailed to Interwoven stockholders. BEFORE MAKING ANY VOTING DECISION WITH RESPECT TO THE PROPOSED TRANSACTION, STOCKHOLDERS OF INTERWOVEN ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND ANY OTHER RELEVANT MATERIALS TO BE FILED BY INTERWOVEN WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Interwoven stockholders may obtain these documents free of charge at the SEC’s website at www.sec.gov. In addition, stockholders of Interwoven may obtain free copies of the documents filed with the SEC by contacting Interwoven Investor Relations at (408) 953-7218 or Interwoven, Inc., 160 E. Tasman Drive, San Jose, California 95134. You may also read and copy any reports, statements and other information filed by Interwoven with the SEC at the SEC public reference room at 100 F Street, N.E. Room 1580, Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 or visit the SEC’s website for further information on its public reference room.
Interwoven and its executive officers and directors may be deemed to be participants in the solicitation of proxies from Interwoven stockholders in favor of the proposed transaction. Certain executive officers and directors of Interwoven have interests in the transaction that may differ from the interests of stockholders generally, including without limitation acceleration of vesting of stock options and restricted stock units, benefits conferred under severance and change in control arrangements, and continuation of director and officer insurance and indemnification. Information about the directors and officers of Interwoven and the interests they may have in the proposed acquisition is available in the definitive proxy statement.
