FatWire Software today announced it has completed the acquisition of divine's Content Management business from Saratoga Partners, a New York private equity firm. As part of the divine bankruptcy auction, Saratoga Partners acquired certain assets of divine, including divine's content management assets, and Saratoga Partners simultaneously transferred the content management assets to FatWire.
FatWire also announced today that it had completed the sale of the Participant Server product line (formerly Eprise, Inc.) to SilkRoad Technology, Inc. FatWire will focus its efforts on its enterprise content management software, Content Server and UpdateEngine, and its over 300 world wide customers.
"This is a significant acquisition for FatWire; this move will provide us with the critical mass to be the leader in enterprise content management," said Mark Fasciano, FatWire's CEO."
Read the press release