TeamSite

TeamSite
Developer(s) Interwoven
Type Content management system
License Proprietary
Website www.opentext.com/what-we-do/products/customer-experience-management/web-content-management/opentext-teamsite

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.

History

Interwoven 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

On 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.[10][11]

References

  1. ↑ http://www.opentext.com/who-we-are/press-releases?id=0460724882594912AB5BE215126C0478
  2. ↑ Innovation Magazine Article with Encentuate Founder Archived 2007-09-10 at the Wayback Machine.
  3. ↑ Encentuate : Team
  4. ↑ Foundation Capital Archived 2007-09-27 at the Wayback Machine.
  5. ↑ Draper Network | Draper Fisher Jurvetson Archived 2007-07-03 at the Wayback Machine.
  6. ↑ Kieren Mccarthy (August 13, 2006). "The battle for the sex.com domain name". Taipei Times. Retrieved October 18, 2013.
  7. ↑ Press Releases - Interwoven - Press Releases
  8. ↑ "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.
  9. ↑ "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.
  10. ↑ http://www.opentext.com/who-we-are/press-releases?id=0460724882594912AB5BE215126C0478
  11. ↑ http://www.opentext.com/who-we-are/press-releases?id=DFE27860219443C99EFEA452B6442C20
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