Interwoven Announces Close of Discovery Mining Acquisition
Interwoven Announces Intent to Acquire Discovery Mining
SAN JOSE, Calif., - July 24, 2008 - Interwoven, Inc. (NASDAQ: IWOV), a global leader in content management solutions, today announced that it has entered into a definitive agreement to acquire Discovery Mining, Inc., a leading eDiscovery provider to professional services firms and corporations. Discovery Mining significantly streamlines and simplifies the discovery phase of litigation and investigations with a software-as-a-service solution for processing, reviewing and producing massive volumes of electronic data.Read the press release. Interwoven podcast
Joe Cowan, CEO of Interwoven, provides an overview of the transaction and describes the advantages the combined companies bring to their businesses and to the marketplace. Download the podcast now.
Frequently Asked Questions
Who is Interwoven?Interwoven is a global leader in content management solutions. We have a rich heritage in developing mission-critical information management solutions for professional services firms: our software and services enable over 1,700 firms to organize, find, and govern their business content.
We have nearly 4,400 customers, many of them the world's leading companies, professional services firms, and governments, including adidas, Airbus, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 20,000 developers and over 300 partners enrich and extend our offerings.
Headquartered in San Jose, CA with offices around the world, Interwoven is a publicly traded company on the NASDAQ (ticker: IWOV) with over $200 million in annual revenue.
What is the value to Discovery Mining to be part of Interwoven?
Both companies bring unique assets to the table and share a passion
for innovation and customer success. Discovery Mining gains access to the
extensive engineering, marketing, and sales resources of the global leader
for information management solutions for legal and accounting firms. Together
we have the expertise, resources, and market reach to bring leadership to
the fragmented eDiscovery marketplace.
I'm a Discovery Mining customer. Will my account team change?
No. You will continue to interact with the same sales and project management
teams.
I'm a Discovery Mining customer. Will you continue to offer the
same service capabilities?
Yes, you will continue to receive the high service levels and rapid innovations
to which you are accustomed.
Will Discovery Mining change its offerings? How does this acquisition
affect your product roadmap?
We believe many Interwoven and Discovery Mining customers will value our joint
efforts to develop integration points that further streamline the litigation
lifecycle.
How do I learn more about Interwoven or the acquisition of Discovery
Mining?
Visit Interwoven's Website, contact us with an inquiry, or contact your Discovery
Mining representative.
