Printer Friendly

FatWire acquires divine's content management line. (BI News Review).

Troubled content management software provider divine Inc, which recently filed for bankruptcy protection in the US, has found a buyer for at least part of its business.

FatWire Software Corp, which bills itself as a developer of complementary J2EE-based dynamic content management software, has announced that it will step in and buy divine's enterprise content management software line.

FatWire will specifically inherit Chicago, Illinois-based divine's Content Server (formerly OpenMarket), Participant Server (formerly developed by Eprise Corp) and a 300 strong customer base, including the likes of JP Morgan and Ford.

The sale of the product line to New York-based FatWire will be implemented simultaneously as part of a Boston, Massachusetts bankruptcy court decision to approve the sale of divine's content management assets to Saratoga Partners, a private equity firm.

The transaction is expected to close in the next few days. However, FatWire now faces the significant challenge of bringing together divine's disparate technologies and code-bases into its own J2EE platform, while reconciling the inevitable overlaps in functionality.
COPYRIGHT 2003 Datamonitor
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:MarketWatch: Business Intelligence
Date:Jun 19, 2003
Words:167
Previous Article:Plumtree's new Portlet framework targets PeopleSoft data. (BI News Review).
Next Article:Information Builders Summit 2003: WebFOCUS reloaded. (BI News Review).


Related Articles
Divine Intervention: Acquisition Of eshare Approved.
Rapid consolidation in disaster recovery sector.
Fatwire Software launches UE Studio 2.0.
Integrating the content lifecycle. (Content Notes).
Subscription agency divine to exit subscription business, EBSCO buys its European division.
divine Content Server V 5.0. (Management).
Divine's final resting place.
C1 Group Completes Divine Germany Deal.
Thomson Media to start Business Intelligence magazine.
Month in review.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters