On January 22:nd, Interwoven entered into a definitive agreement to be acquired by Autonomy, for a total transaction value of approximately $775 million.
Ever since Microsoft’s acquisition of FAST there have been quite a few discussions in blogs and forums whether any of the giants such as Oracle, IBM or even Google would make an attractive offer for Autonomy. The company has, during the last few years, always been a clear leading candidate within Enterprise Search and its range of offerings within Multimedia, Digital Asset Management and Information management solutions has made the customer base grow faster than ever.
However, the acquisition of Interwoven shows that Autonomy is serious when it comes to growing on its own premises. The product portfolio now contains a strong offering for legal and compliance and Autonomy has, once more, proven that they prefer to extend and strengthen their business model.
According to the press release the companies ‘share a vision to fundamentally change the way organizations discover, analyze and manage information’.
Beyond the buzzwords, there seems to be a clear vision and it will be interesting to see how this affects Enterprise Search in general and Autonomys future direction in particular.
The yearly magic quadrant for Information Access Technology from Gartner has become an important way to evaluate the vendors in Enterprise Search business. The result is presented in a matrix measuring the different players by ability to execute (product, overall viability, customer experience etc.) and the completeness of their vision (offering strategy, innovation etc.). The vendors are then positioned as niche players (a rather crowded spot), visionaries, challengers and leaders.
For the last couple of years the upper right corner, which includes the leaders, has been a yearly fight between FAST Search & Transfer, Autonomy, Verity (which was bought by Autonomy in 2005) and Endeca.
However, the magic quadrant for 2007 shows that there is a substantial change in the market and two new leaders as well as two new large vendors on the challenging spot are represented. Continue reading →