British Tech Commentary, From The Register
Somewhere in the last decade Vignette has shifted over to a generalized all singing, all dancing content management firm. Now lured by potential “Sarbanes Oxley” class revenues due to content compliance, it has acquired Tower Technology and completed the transformation to include full blooded, traditional document and recods management.
But even after the deal Vignette remains cash heavy and hell bent on transforming itself through acquisition, with $238m in the bank after the Intraspect deal, with its revenue firmly stuck at just under $160m, not moved for a few years, but profitable for this last quarter and break even for the year. Read