Feeds

Autonomy sews up Interwoven buy

Content management comes at big price

Providing a secure and efficient Helpdesk

Autonomy is buying its way into the US legal software market by paying $775m for California-based Interwoven.

UK-based Autonomy will pay $16.20 in cash per share - a 36 per cent premium on Interwoven's average share price in the last month.

Interwoven, listed on Nasdaq, makes content management and compliance software. The deal is being funded by a $200m revolving credit facility from Barclays and from Autonomy's cash pile.

The two firms will have 20,000 customers between them.

Autonomy believes the deal will give it access to compliance contracts especially at top-end law firms. It will give a chance to sell Autonomy technology to Interwoven's web management customers. By bringing together Autonomy's Digital Safe produce and Interwoven's Team Suite which archive changes on websites, they will be able to provide compliance to new regulations governing information which is shown to customers.

Autonomy chief exec Mike Lynch welcomed the deal, and said shared customers and partnerships meant his company was already familiar with Interwoven's managment and products.

The deal needs shareholder and regulator approval. It is hoped to close in the second quarter of 2009.

Full statement here. ®

Internet Security Threat Report 2014

More from The Register

next story
Microsoft on the Threshold of a new name for Windows next week
Rebranded OS reportedly set to be flung open by Redmond
'In... 15 feet... you will be HIT BY A TRAIN' Google patents the SPLAT-NAV
Alert system tips oblivious phone junkies to oncoming traffic
Apple: SO sorry for the iOS 8.0.1 UPDATE BUNGLE HORROR
Apple kills 'upgrade'. Hey, Microsoft. You sure you want to be like these guys?
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
ARM gives Internet of Things a piece of its mind – the Cortex-M7
32-bit core packs some DSP for VIP IoT CPU LOL
Lotus Notes inventor Ozzie invents app to talk to people on your phone
Imagine that. Startup floats with voice collab app for Win iPhone
'Google is NOT the gatekeeper to the web, as some claim'
Plus: 'Pretty sure iOS 8.0.2 will just turn the iPhone into a fax machine'
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.