Gobble Gobble - Interwoven to be Acquired by Autonomy

The Enterprise Content Management industry continues to consolidate with the announcement today that Autonomy will acquire Interwoven.

While both companies have portfolios that run the gamut of technology capabilities, at the core you have a company known for search acquiring a company known for web content management.

So what does it mean? Well I don't know but I find this quote from the IWOV press release (linked below) especially meaningful:

The combination of these two companies will redefine how global 2000 corporations, leading law firms, and government regulators will discover, analyze, and manage human friendly information.
Autonomy has had strength in the GRC space in their pursuit of what I call the smoking-gun button. This is the one click "find me what I need to worry about" button that is the utopia for litigators, regulators, and compliance officers (as well as records managers retention librarians etc). But how does that fit with Interwoven's strengths? Autonomy obviously sees a path that winds through their IDOL technology. Here's the meaningful quote from the press release:
The combination of Autonomy and Interwoven...will continue the extension of Autonomy’s Intelligent Data Operating Layer (IDOL)...
. The crux of the "strategic rationale" for the acquisition seems to be encapsulated in this quote from the Autonomy press release (also linked below):
Autonomy and Interwoven have a shared vision to develop the next generation of legal and compliance software, allowing businesses to further automate the organisation, management and processing of human friendly information (text, forms, emails, voice and video) from disparate internal and external repositories.(emphasis mine)


There's plenty of other opinion and that will continue for some time. Here is a roundup for you:
CMS Watch
BMOC
Wall St. Journal
IWOV Press Release
Autonomy Announcement
CMS Wire
451 Group blog
UK Hot Views blog

Comments:

Curious deal. Interwoven and iManage merged a while back, iManage had a decent foothold in the legal space - maybe it's time for a focus on vertical solutions for Autonomy and get out of the way of those selling broadbased infrastructure - just a spin (not really my space)

Posted by Mike Gotta on January 22, 2009 at 07:27 PM CST #

Hey Mike, I agree that the iManage footprint had to be a primary consideration (sweetener?) for Autonomy. I like your take, too, that this allows Autonomy to offer a more complete vertical solution rather than piggy backing their search bits on top of other infrastructure.

Posted by Billy on January 22, 2009 at 10:57 PM CST #

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