Who is Autonomy?
Autonomy is the front runner in Meaning-Based Computing, the clear leader in enterprise search, and the fastest growing eDiscovery software and service provider. A publicly-listed company with a $3 billion market capitalization, Autonomy maintains dual headquarters in Cambridge, United Kingdom and San Francisco, California will offices around the globe.
Who are Autonomy’s customers?
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).
Why is Interwoven combining with Autonomy?
Interwoven’s products are focused on managing the interactions of people with information. Autonomy’s products provide a deeper understand of information and the interactions people have with it. Together, Interwoven and Autonomy will redefine how global 2000 companies, professional services firms and governments will discover, analyze, and manage information. The combined company will have more than 20,000 customers, 2,000 employees, global reach and significant financial resources.
Will Autonomy continue to invest in Interwoven’s products?
Absolutely! Autonomy will support and develop the entire family of Interwoven products in line with all currently published Interwoven roadmaps. For the avoidance of any confusion, all products live on including the:
Web Solutions Product suite (TeamSite, Optimost, MediaBin, LiveSite, MetaTagger, OpenDeploy and ControlHub)
PSIS Product Suite (WorkSite - aka iManage, Universal Search, Records Manager) and
Global Capital Markets product family (EnConnect and Scrittura platform).
Autonomy's commitment to continue the development of these products as per their published roadmaps enables customers to continue with existing and planned deployments without any disruption.
What can you tell me about Autonomy’s products?
Autonomy has a world-class reputation for innovation and expenditure in research and development, with over 130 patents. All of Autonomy’s products are powered by IDOL, the Intelligent Data Operating Layer, an information infrastructure that global 2000 companies standardize on to search and process over 1,000 data types while connecting to more than 400 different repositories.
My company uses Interwoven’s solutions to maximize our online business performance. How does this acquisition benefit us?
As more and more companies adopt Web-centric business models, the Web has become the central avenue for customer interactions. As a result of this combination, Interwoven’s Web Solutions customers will be able to leverage the intelligence of Autonomy’s IDOL technology to extent Interwoven’s Web content and analysis capabilities across websites, intranets and extranets.
What does this mean if I’m a Web Solutions customer?
Interwoven’s Web Solutions optimize how your customers interact with your company through your online presence. Autonomy’s technology will enable you to further automate – and gain value from – those interactions by understanding the meaning of the content and intentions of your customer. Autonomy’s IDOL has over 500 functions that can be applied to web information and interactions..
My law firm uses Interwoven’s solutions to organize, find and govern information. How does this acquisition benefit us?
The surge in litigation and regulation resulting from the introduction of changes to the Federal Rules of Civil Procedure and many recent regulatory changes has heightened the need to capture and understand all forms of electronically stored information. As an Interwoven customer, you will have access to the world’s leading pan-enterprise search platform from Autonomy, enabling you to process any format of information, including audio, in any language and file type. With all known methods of search supported, including advanced keyword and conceptual, you will be able to more quickly identify and cull data relevant to a case or investigation.
What does this mean if I’m a WorkSite customer?
Autonomy has committed to delivering on WorkSite’s published roadmap. There will be no delay to WorkSite 8.5 limited or general release. All future versions of WorkSite subsequent to the transaction close will be based on Autonomy IDOL for core search capabilities. Customers wanting to migrate to the IDOL engine for their WorkSite implementation should plan on a service pack upgrade to be made available post transaction close – moving to IDOL is not a requirement. Prior versions of WorkSite with Velocity will be supported in accordance with the software license and maintenance agreements. The Search UI (Express Search/Miner) will be unchanged. Customers will be able to leverage their existing hardware infrastructure.
We just became an Interwoven customer through Interwoven’s acquisition of Discovery Mining. What does this mean for the Discovery Mining service?
Autonomy is the fastest growing eDiscovery provider to corporations and large law firms. Autonomy offers end-to-end eDiscovery software and a hosted processing business, extending the capacity of Discovery Mining. In fact, Autonomy has five secure data centers with more than 6,000 servers, managing over seven petabytes of data for litigation, investigations and regulatory compliance. As the most complete EDRM provider starting with information governance through legal hold, EDD review and production, you will have a one-stop shop for your eDiscovery needs.
What does this mean if I’m a Discovery Mining customer?
Discovery Mining will continue to offer its EDD, Review and Production services to the litigation support market. The service will be enhanced with a new set of features including multilingual support and the ability to process audio files. Discovery Mining’s SaaS-based eDiscovery can be used with Autonomy’s on-premise eDiscovery software for Early Case Assessment and Legal Hold. Legal costs will be reduced by applying advanced technology to the culling process including automatic categorization of data.
What’s the plan for Interwoven Universal Search (IUS)
Autonomy will replace some third party technology components found within Interwoven’s product lines to reduce customer reliance and risk on small, private vendors. A specific component to be replaced shortly after the transaction closes is the Vivisimo search component within Interwoven Universal Search. The Autonomy IDOL powered version of IUS will be available by the end of Q2 with support of all existing functions on a like-for-like basis with performance improvements of 10X. Existing maintenance customers will be provided with this version at no additional cost. Autonomy will offer additional functionality and modules that enhance and extend the capabilities of Interwoven Universal Search.
What does this mean if I’m an IUS customer?
Autonomy will replace the Vivisimo engine with IDOL. The new version will be available under maintenance at no charge with like-for-like capabilities. The switch to the IDOL version will be seamless and will bring considerable performance and scaling advantages. Updating from Velocity to IDOL will be fully automated and can be achieved in a matter of hours. Additional functionality can be activated by customers since the IDOL platform will bring more advanced capabilities.
What are some other upcoming PSIS Product enhancements?
WorkSite will have native integration with Zantaz EAS; a third party product will not be required. Interwoven Records Manager (IRM) 6.0 will leverage IDOL as the underlying search engine.
What happens next?
For now, it’s business as usual. We’ll continue to provide you with the world-class software, support and services that you’ve come to expect from Interwoven. We expect to close this transaction by the second quarter of 2009, and until then our two companies are required to operate as separate entities.
Who do I contact for more information?
We’ll continue to add information to interwoven.com, and you can always contact your Interwoven representative.
Cautionary Statement Regarding Forward-Looking Statements
This FAQ includes forward-looking statements, based on current expectations, which are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the FAQ. Such factors include, but are not limited to, the risk that the transaction is not consummated or is not consummated within the expected timeframe. For information regarding other related risks, see discussion of risks and other factors in Interwoven’s most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Forms 8-K, which are on file with the Securities and Exchange Commission and available through www.sec.gov.
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.