Interwoven Announces Close of Discovery Mining Acquisition
SAN JOSE, Calif., - August 4, 2008 - Interwoven, Inc. (NASDAQ: IWOV), a global leader in content management solutions, today announced that it has closed the acquisition of Discovery Mining, Inc., a leading provider of software and services for eDiscovery to professional services firms and corporations.
The acquisition of Discovery Mining extends Interwoven's offering - the legal industry's de facto standard for organizing, finding, and governing matter content - by adding a service for managing eDiscovery. Discovery Mining significantly streamlines and simplifies the discovery phase of litigation and investigations with a software-as-a-service solution for processing, reviewing and producing massive volumes of electronic data.
Discovery Mining's executive team, including the four founders, and the company's 51 employees have joined Interwoven as part of the company's Professional Services Industry Solutions (PSIS) team. The Discovery Mining and Interwoven sales team will partner to deliver eDiscovery capabilities to Interwoven's more than 1,700 existing professional services firms, including 72 of the Am Law 100 law firms and 87 of the top 250 UK law firms.
Interwoven announced its intent to acquire Discovery Mining on July 24, 2008. Please visit www.interwoven.com to read the acquisition announcement, as well as additional materials on the news, including a podcast from Interwoven CEO Joe Cowan.
Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements that are subject to risks, uncertainties and other factors that could be deemed forward-looking statements and could cause actual results to differ materially from those referred to in the forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the market for the sale of certain products and services may not develop as expected; that Interwoven is unable to cross-sell Discovery Mining offerings to existing Interwoven customers; lack of market acceptance of Discovery Mining's products and services; failure of the market for eDiscovery software solutions to develop and grow as quickly as expected; delays and difficulties in introducing new products and enhancements to address the needs of specific vertical markets; the introduction of new products or services by competitors that could delay or reduce sales; the impact of world and geopolitical events on sales cycles and transaction closure rates; actual or perceived declining economic conditions that could negatively affect sales and profits; and reduced financial and operational performance arising out of the integration of the acquired business with Interwoven. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Interwoven's results could differ materially from the results described in these statements. Interwoven does not assume any obligation and does not intend to update these forward-looking or other statements in this release.
About Interwoven
Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Over 4,700 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 25,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit www.interwoven.com.
Summary: ...of strong support resources in the Asia-Pacific region make it the ideal technology partner for our rapidly growing firm.” About Interwoven Interwoven (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven’s software and services enable organizations to maximize online business...
Summary: ...it needs to achieve its objectives. Says Mulholland, “Interwoven’s size, resources, and commitment to our market give us confdence that their solutions will continue to evolve to meet our emerging needs.” About Interwoven Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions....
Summary: ...to dispersed team members, and eliminates the expense of locating or recreating fles that were missing or in use elsewhere.“Missing fles were a major problem in getting things done”, says McLean. “WorkSite has made that problem go away entirely.” About Interwoven Interwoven, Inc. (NASDAQ: IWOV)...
Summary: ...to its clients, Interwoven’s robust and dynamic solution set will provide a clear way forward. Says Karnick, “For our Firm, it’s a tremendous beneft to have a solution provider who keeps pace with our own technology lifecycle.” About Interwoven Interwoven (NASDAQ: IWOV) is a global leader in content...
Summary: ...Finding the right document management system could have been a challenge to our business but we are very pleased with our selection of Interwoven. WorkSite is so flexible it can grow and scale with the business at low risk,” Blair concludes. About Interwoven Interwoven, Inc. (NASDAQ: IWOV) is a global...
Summary: ...Turner. “While our initiative was driven primarily by the need for internal effciency and control, our strategic position at the forefront of legal IT is valuable as well.” About Interwoven Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven’s software...
Summary: ...they are doing before starting new audits on the Interwoven system. It’s a softly, softly approach to get buy-in, rather than asking them to change mid project.” About Interwoven Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven’s software and services...
Summary: ...Avaya, Cisco, DLA Piper, FedEx, HSBC, LexisNexis, Microsoft, Samsung, Shell, Samsonite, White & Case, and Yamaha. Over 20,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com.
...
Summary: ...the Federal Reserve Bank, FedEx, HSBC, LexisNexis, Microsoft, Samsung, Shell, Samsonite, White & Case, and Yamaha. Over 20,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com. Interwoven, Inc. 160 East Tasman...
Summary: ...York, Beijing Hanoi, Hong Kong, Mumbai, Munich, Seoul and Singapore. Clearwater’s global reach is complimented by its local presence and due diligence and execution capabilities in local currencies, languages and jurisdictions. About Interwoven Interwoven (NASDAQ: IWOV) is a global leader in content...
Summary: ...and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 25,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com....
Summary: ...Bank, FedEx, HSBC, LexisNexis, Microsoft, Samsung, Shell, Samsonite, White & Yamaha. Over 20,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To Interwoven, please visit www.interwoven.com.
...
This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...business. With a fexible architecture and the ability to process paper documents, online and mobile information, the Cardiff solution extends the power of existing business systems, such as PeopleSoft, in a way that enhances their value, buffers massive upgrade requirements and makes them easier for people...
Summary: ...ranging from CRM to ERP to SCM and beyond. This pervasive adoption coupled with the associated IT investment has led organizations to look for ways to leverage SAP to help automate even more business processes throughout the enterprise. However, organizations are challenged by the fact that enterprise...
Summary: ...Autonomy eDiscovery Service for Audio. This unified environment for all content forms, formats and languages eliminates the complexities, delays, risk and costs associated with multiple vendors and multiple system solutions. Better Technology – More Accurate Results Autonomy’s patented speech analytics...
Summary: ...the productivity of mobile executives, while offering protection from significant information risks. The Mobile Challenge The mobile landscape is fraught with difficulties. Voice services have commoditized and the disruption caused by regulatory pricing constraints, along with the entrance of Mobile Virtual...
Summary: ...There is growing recognition that these types of implicit information are critical to enterprise operations. For example, the employees of geographically dispersed organizations typically have difficulty determining what others are doing and which resources can best address their problems. Failure to...
Summary: ...Shell, Samsonite, White & Case, and Yamaha. Over 18,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com
...
Summary: ...adidas, Airbus, Avaya, Cisco, DLA Piper, the Federal Reserve Bank, FedEx, HSBC, LexisNexis, Microsoft, Samsung, Shell, Samsonite, White & Case, and Yamaha. Over 18,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com....
Summary: ...Data Operating Layer (IDOL) to perform all eDiscovery operations on a single end to end platform. This avoids costly hand-offs to 3rd party engines and disparate tools that increase risk and delay review. Introspect completes Autonomy's offering across the Electronic Discovery Reference Model (EDRM) thus...
Summary: ...the consultants on the client engagements were using the Microsoft Office and SharePoint® collaboration infrastructure. Meridio® Professional Services for Engagement Management Fact Sheet Meridio® provides the information control that links the client engagement management process with the engagement...
Summary: ...platform to rapidly ingest critical case data spanning over 1000 file formats. An organization can save as much as 50% over traditional eDiscovery costs using Autonomy technology to rapidly tap into key facts, assess the merits of the case early on and organize millions of files into prioritized folders...
Summary: ...etc) based on each specific customer interaction to help resolve the customer’s issue on the first try. Based on IDOL’s unique ability to understand customer sentiment and intent in real time, Qfiniti can automatically search all product information and marry it to prior customer behavior to serve...
Summary: ...meaning based modules for compliance supervision, classification, records management, advanced analytics, capture from desktops and over 400 different content repositories. DSmail DSmail is an affordable turnkey, cloud-based archive offering for email and IM communications. It provides secure capture...
This is a small selection of the Autonomy Product Briefs available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...distributed world, matter centric collaboration represents a new paradigm for legal technology and a model for the efficient practice of law. About Interwoven Interwoven (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven’s software and services enable organizations to maximize...
Summary: ...for users. It is also important to note that no EAS Server processes play a part in the retrieval of user items, which avoids any bottlenecks or lack of resilience due to a single point of failure. In short, a high and unpredictable level of user access can be supported in such a way that impact on the...
Summary: ...14 signatures and two weeks for changes to their customer-facing Websites. For many companies, the lack of a technological capability to support Sarbanes-Oxley compliance for web applications reflects a deeper problem. In fact, many are hard-pressed to achieve even an acceptable baseline of quality and...
Summary: ...can negatively affect the outcome of an audit or legal case, or result in long-term damage to a corporate brand. Even hearsay that reaches customers can impact the level of trust placed in a company. In the courts, regulators are unwilling to tolerate the delays or accept the excuse that preparing information...
Summary: ...2 PCI Compliance 2011 Updated Guidelines for Storing Sensitive Data in Call Recordings The March 2011 PCI-DSS update provided further guidelines in recognition of the fact that there are laws and regulations precluding some organizations from blocking any portion of a conversation. The guidelines provide...
Summary: ...one-firm expectation, in large part because of the difficulty of deploying the extranet access needed to bring both sides into a unified content environment. In fact, over 49% of Fortune 1000 general counsels report that their outside law firms have been unable to respond to their desire for extranet...
Summary: ...and so forth. With no self-service capability, the client must wait for a response, breeding impatience that can cut two ways: clients of large firms can resent a perceived lack of agility, while clients of small firms can begin to question whether their firm has sufficient office resources. With more...
Summary: ...programming is also a concern, indicating a lack of investment in optimizing a critical function, which necessitates a large number of modules and interactions. The requirement for a multitude of communications between modules negatively impacts performance.
...
Summary: ...or failure of a website experience, including the relevancy of messaging, layout, forms, pricing, navigation, imagery, offers, and placement. Each of these variables contributes to the fact that ~98 percent of web traffic does not end with the desired action and why so many campaigns routinely disappoint....
Summary: ...concerns of doing business with their site. Any public scrutiny or negative spotlight undermines the corporate brand and leads to years of lost business. Web Content Compliance Affects All Types of Businesses No vertical is immune to mandated government regulations, reporting guidelines, privacy concerns,...
Summary: ...archiving their email and files stores in real time. Relying on keyword search alone in the early phases of a legal or regulatory matter presents the very same limitations as those described above. In addition, it creates data privacy issues for organizations outside of the US because it lacks the ability...
Summary: ...Legal Technology: Enhancing profitability through an economic crisis. This proves the fl exibility of not only the software but also the fi rm’s installation consultants, who are able to provide solutions outside of the normal working environment. LOASys is proven technology, offering a new solution...
This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.
Related Case Studies
Find us on Facebook
Follow us on Twitter
See us on YouTube
Find us on LinkedIn
