So welcome to 2009.
We are in the midst of a global recession. There is a new US President. And the day after inauguration Autonomy has moved to acquire Interwoven. What a start !
So Autonomy has now moved into the ECM space with this acquisition and places them on the Gartner MQ as a serious player. The rationale for the purchase from Autonomy is as follows:
The combination of Autonomy's Meaning Based Computing technologies (IDOL) (with
its ability to understand content) with Interwoven's suite of products (focused
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.
A full press release is outlined on the Autonomy site
http://www.autonomy.com/content/News/Releases/2009/0122.en.html
