Wednesday May 13, 2009
Following is a snapshot of analyst reactions to the news of Open Text and Vignette: Thanks to Joely Urton for the legwork on this entry! Guy Creese calls it like it is: Burton Group, Open Text Is Putting Vignette Out of Its Misery by Buying It * "In the dot.com era, Vignette was unstoppable. . . . I remember spending a day at Vignette at the height of its growth and being shown the multiple fussball tables for developers, the many flavors of microwave popcorn, and the conference rooms full of Aeron chairs. At that point, I knew Vignette was heading for a fall, and told them so. Incredulous, they basically told me I had no grip on reality. Two years later, when the dot.com bust came along, it turned out I was right and they were wrong." *"Vignette has never really recovered from those days. Competitors began offering somewhat similar web content management systems for a lot less money, and the portal business became a lot less trendy as well. So Vignette has survived, but it was only a matter of time before the company got bought. Now we know who the buyer is."[Read More]
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