LONDON STOCK EXCHANGE AWARDS AUTONOMY ACHIEVEMENT OF THE YEAR 2006 FOR SUCCESS OF VERITY ACQUISITION
Autonomy's $500 million acquisition of its biggest competitor declared a success by the investment community
Cambridge, UK and San Francisco, Calif. - Dec. 1, 2006 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced that it has been awarded the Achievement of the Year Award 2006 at the techMARK Awards for the success of its acquisition of major competitor, Verity. The techMARK Awards, organized by the London Stock Exchange, are designed to reward outstanding achievement in the technology market. Sushovan Hussain, Autonomy CFO, collected the award last night during the ceremony held at the Royal Lancaster Hotel, London.
Autonomy announced its intention to purchase Verity, Inc., in November 2005 and completed the acquisition on the 29th December 2005. One year on, the ambitious deal has received widespread accolades from both customers and the investment community.
Mike Lynch, Autonomy CEO, commented: "This was a transformational acquisition for Autonomy. Bringing together two world-class companies and combining both the customer bases and the technology leadership has been a challenging but incredibly rewarding exercise. Internally we considered it a huge success very rapidly and we are delighted to now obtain such high-level third party acknowledgement."
About Autonomy
Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, compliance and litigation solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises more than 16,000 global companies and organizations including: ABN AMRO, AOL, BAE Systems, BBC, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Hutchison 3G, Kraft Foods, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Nomura, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. Autonomy also has over 300 OEM partners and more than 350 VARs and Integrators, numbering among them leading companies such as BEA, Business Objects, Citrix, EDS, IBM Global Services, Novell, Stellent, Sybase, Symantec, TIBCO and Vignette. The company has offices worldwide.
The Autonomy Group includes: Aungate, specialist in real-time enterprise governance; Virage, a visionary in rich media management and security and surveillance technology; etalk, award-winning provider of enterprise-class contact center products and Cardiff, a leader in content capture and business process management solutions.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
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Summary: ...commented on the new user access perspective, “Switching to a matter-centric approach and organizing data to support team collaboration is a huge part of the way brown Rudnick works, and will make the new solution a powerful addition to our culture.” In addition, WorkSite’s collaborative features...
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This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
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This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.
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