Feature
More consolidations in the DM, KM, CMS, ECM, Web CMS, Publishing space.... which Two/Three Letter Acronym will win? From the headline: ...Canadian knowledge management (KM) software vendor Open Text Corp has once again dipped into its significant cash reserves to further expand its flagship Livelink offering. In its sights this time is Gauss Interprise AG, a German web content management software provider. Waterloo, Ontario-based Open Text will snap up Gauss' common shares for an $11m (10m euros) cash consideration. The agreement was reached with certain shareholders who hold 73% of Gauss' stock. Gauss, headquartered in Hamburg, develops web content management for corporate websites and intranets and integrated document and output Management (IDOM) software for ERP systems. Around half of Gauss' revenues are derived from its Web content management business; its IDOM business is primarily focused in the US, handled through its Irvine, California offices. The company has about 1,000 customers worldwide - including BMW, USA Today and Korean Air - and last year around 40% of its revenues came from the financial services sector. Open Text's real prize is Gauss' web content management product, VIP ContentManager, which will extend Open Text's Livelink for Content Management suite and tap into collaborative tools for developing, reviewing and publishing content to intranets and extranets. Read the full article.