TeamSite
 | |
| Public | |
| Traded as |
TSX: OTC NASDAQ: OTEX |
| Industry | Computer software |
| Founded | 1991 |
| Founder | Tim Bray, Gaston Gonnet, Frank Tompa |
| Headquarters | Waterloo, Ontario, Canada |
Key people |
Mark Barrenechea, CEO Tom Jenkins, Chairman |
| Products | Enterprise content management (ECM), business process management (BPM), customer experience management (CEM), information exchange, and analytics software |
| Revenue |
 US$ $1,624 million (FY 2014[1]) |
Number of employees | 8,500 (2015) |
| Website |
www |
OpenText TeamSite is an enterprise web content management software product that OpenText acquired from HP on May 1, 2016.[2] The product has gone through a series of owners, including Interwoven which was founded in 1995 and later acquired on March 17, 2009 by Autonomy, which in turn 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.[3][4] In its private startup phase the company was backed by Foundation Capital,[5] Draper Fisher Jurvetson,[6] Accel Partners and other venture capital co-investors including Gary Kremen.[7]
On October 8, 1999 Interwoven had their initial public offering (IPO) on NASDAQ with Credit Suisse First Boston as the lead underwriter.[8]
Sale
On January 21, 2009, Interwoven announced it agreed to be acquired by Autonomy Corporation, based in England.[9] Autonomy estimated the consideration at $775 million [10]
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.[11][12]
References
- ↑ "Open Text 2014 Annual report"
- ↑ http://www.opentext.com/who-we-are/press-releases?id=0460724882594912AB5BE215126C0478
- ↑ Innovation Magazine Article with Encentuate Founder
- ↑ Encentuate : Team
- ↑ Foundation Capital
- ↑ Draper Network | Draper Fisher Jurvetson
- ↑ 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.
- ↑ http://www.opentext.com/who-we-are/press-releases?id=0460724882594912AB5BE215126C0478
- ↑ http://www.opentext.com/who-we-are/press-releases?id=DFE27860219443C99EFEA452B6442C20