Interwoven writes: 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. The combined company will have more than 2,000 employees and 20,000 customers. Following the close, Interwoven will become a wholly-owned subsidiary of Autonomy. This acquisition brings together two quality, high-performing software companies who share a vision to fundamentally change the way organizations discover, analyze and manage information.
Autonomy writes: The combination of Autonomy's Meaning Based Computing technologies (IDOL) (with its ability to understand content) with Interwoven's suite of products (focussed on managing the interactions of people and content) will create a new set of technologies, updating and enhancing Interwoven's products by significantly reducing the levels of manual effort now required. These technologies are ready to address the new need for manage-in-place and extend Autonomy's reach into a new customer base. Interwoven's products know what the customer interactions are, and Autonomy's IDOL will allow them to know what they mean.
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.
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