OpenText TeamSite is an enterprise web content management system developed by Interwoven. At present, it is owned, maintained, marketed by OpenText, a company that acquired it from Hewlett-Packard on May 1, 2016.[1] Interwoven was founded in 1995, and acquired by Autonomy Corporation on March 17, 2009. Autonomy was acquired by Hewlett-Packard in 2011.
| Developer(s) | Interwoven |
|---|---|
| Type | Content management system |
| License | Proprietary |
| Website | www |
History
editInterwoven was founded in 1995 in California by Singaporean Peng Tsin Ong, who was also Interwoven's first CEO and chairman. Peng was the co-founder of Match.com, and later went on to found Encentuate.[2][3] In its private startup phase the company was backed by Foundation Capital,[4] Draper Fisher Jurvetson,[5] Accel Partners and other venture capital co-investors including Gary Kremen.[6]
On October 8, 1999 Interwoven had their initial public offering (IPO) on NASDAQ with Credit Suisse First Boston as the lead underwriter.[7]
Sale
editOn January 21, 2009, Interwoven announced it agreed to be acquired by Autonomy Corporation, based in England.[8] Autonomy estimated the consideration at $775 million [9]
The acquisition was finalized on March 17, 2009.
HP bought Autonomy on August 19, 2011.
OpenText acquired TeamSite, along with other HP Software products in May 2016.[1][10]
References
edit- ^ a b "News and Press Releases (PR)".
- ^ Innovation Magazine Article with Encentuate Founder Archived 2007-09-10 at the Wayback Machine
- ^ Encentuate : Team
- ^ Foundation Capital Archived 2007-09-27 at the Wayback Machine
- ^ Draper Network | Draper Fisher Jurvetson Archived 2007-07-03 at the Wayback Machine
- ^ Kieren Mccarthy (August 13, 2006). "The battle for the sex.com domain name". Taipei Times. Retrieved October 18, 2013.
- ^ Press Releases – Interwoven – Press Releases
- ^ "Interwoven Announces Definitive Agreement to be Acquired by Autonomy". Press release. January 21, 2009. Archived from the original on January 25, 2009. Retrieved October 18, 2013.
- ^ "Autonomy Corporation Plc announces agreement to acquire Interwoven, Inc. for and aggregated consideration of US$775 million". Press release. Autonomy. January 22, 2009. Archived from the original on January 30, 2009. Retrieved October 18, 2013.
- ^ "News and Press Releases (PR)".