Teamsite Cms
Choosing the right CMS for your organization is vital to the success of your digital performance. Providing customers with the optimal digital experience is your. I spent nearly 10 years working at Interwoven, so I'm very familiar with TeamSite. Much of the core of TeamSite hasn't been updated since the early 2000's, and while the interface has been prettied up a bit, it remains an archaic platform that is too complex and expensive to maintain.
Yesterday, an Enterprise Content Management (ECM) vendor OpenText announced an agreement to acquire, a web content management (WCM) platform, previously known as Interwoven TeamSite and Autonomy TeamSite. As part of this acquisition, OpenText also acquires other customer experience tools: HP MediaBin (digital asset management solution), HP Qfiniti (contact center management tool), HP Explore (analytics), HP Aurasma (augmented reality tool), and HP Optimost (A/B testing). The transaction purchase price is. In the WCM space, — over one-third of all leading WCM platforms are the result of previous acquisitions. The telltale sign of the OpenText + HP TeamSite acquisition came late in 2015 when HP made the (451 subscription required, h/t ). “Why pair it with printers?
In our view at DCG, we assumed this meant they’d be selling it off as soon as they could find a buyer. It’s been pretty public knowledge that HP has had buyer’s remorse from the Interwoven acquisition for quite some time,” said our CEO, Scott Liewehr, in. For a long time Interwoven TeamSite was one of the leading content management solutions, typically considered alongside Oracle/Stellent, Vignette and RedDot.
In fairness, it was the first true enterprise WCM system, and in many ways Interwoven was the firm that established this market. In their prime, Interwoven sales executives refused to engage in pre-sales conversations with prospects that didn’t disclose their CMS procurement budgets outright. Interwoven only targeted large organizations that could reliably afford top-of-the range license and maintenance fees. What Is Capital Works Program. Interwoven was a huge dot.com IPO success.
Ms Access 2003 Invoice Templates. It went public on the NASDAQ in Oct 1999 and raised what was at the time the staggering sum of $55m. Bear in mind that at the time of the flotation it was running at a loss and only had revenue of around $5m. In 2009, Interwoven was bought by Autonomy for $775m but didn’t thrive under Autonomy’s ownership.
In 2011, Autonomy (including Interwoven TeamSite as part of the deal) was sold to HP in. All in all, past M&As involving Interwoven TeamSite are full of overpriced valuations, but yesterday’s valuation of around 2x revenue seems fair for a divestment from. If you are a current TeamSite customer, you might be wondering what will happen to the numerous WCM and digital asset management (DAM) products post-acquisition. Following this acquisition, OpenText will own three WCM products: OpenText Web Experience Management (formerly Vignette), OpenText WebSite Management (formerly RedDot), and now TeamSite; plus two DAM products: HP MediaBin and OpenText Media Management (formerly Artesia).