TeamSite

OpenText TeamSite is an enterprise web content management system developed by Interwoven. At present, it is owned, maintained, marketed by OpenText, a company that acquired it from Hewlett-Packard on May 1, 2016.[1] Interwoven was founded in 1995, and acquired by Autonomy Corporation on March 17, 2009. Autonomy was acquired by Hewlett-Packard in 2011.

"WorkSite" redirects here. For the generic topic, see workplace.
TeamSite
Developer(s)Interwoven
TypeContent management system
LicenseProprietary
Websitewww.opentext.com/what-we-do/products/customer-experience-management/web-content-management/opentext-teamsite Edit this on Wikidata

History

Interwoven was founded in 1995 in California by Singaporean Peng Tsin Ong, who was also Interwoven's first CEO and chairman. Peng was the co-founder of Match.com, and later went on to found Encentuate.[2][3] In its private startup phase the company was backed by Foundation Capital,[4] Draper Fisher Jurvetson,[5] Accel Partners and other venture capital co-investors including Gary Kremen.[6]

On October 8, 1999 Interwoven had their initial public offering (IPO) on NASDAQ with Credit Suisse First Boston as the lead underwriter.[7]

Sale

On January 21, 2009, Interwoven announced it agreed to be acquired by Autonomy Corporation, based in England.[8] Autonomy estimated the consideration at $775 million [9]

The acquisition was finalized on March 17, 2009.

HP bought Autonomy on August 19, 2011.

OpenText acquired TeamSite, along with other HP Software products in May 2016.[10][11]

References
  1. "News and Press Releases (PR)".
  2. Innovation Magazine Article with Encentuate Founder Archived 2007-09-10 at the Wayback Machine
  3. Encentuate : Team
  4. Foundation Capital Archived 2007-09-27 at the Wayback Machine
  5. Draper Network | Draper Fisher Jurvetson Archived 2007-07-03 at the Wayback Machine
  6. Kieren Mccarthy (August 13, 2006). "The battle for the sex.com domain name". Taipei Times. Retrieved October 18, 2013.
  7. Press Releases – Interwoven – Press Releases
  8. "Interwoven Announces Definitive Agreement to be Acquired by Autonomy". Press release. January 21, 2009. Archived from the original on January 25, 2009. Retrieved October 18, 2013.
  9. "Autonomy Corporation Plc announces agreement to acquire Interwoven, Inc. for and aggregated consideration of US$775 million". Press release. Autonomy. January 22, 2009. Archived from the original on January 30, 2009. Retrieved October 18, 2013.
  10. "News and Press Releases (PR)".
  11. "News and Press Releases (PR)".
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