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Mergers & Acquisitions Authors: Pat Romanski, Bob Gourley, Jim Kaskade, David Skok, Liz McMillan

Related Topics: Java EE Journal, FatWire WEM Journal, Mergers & Acquisitions on Ulitzer

J2EE Journal: Article

FatWire to Acquire divine's Enterprise Content Management Business

FatWire to Acquire divine's Enterprise Content Management Business

(May 14, 2003) - FatWire Software will acquire divine's Content Management business. As part of the divine bankruptcy auction, the U.S. Bankruptcy Court in Boston has approved the sale of divine's content management assets to Saratoga Partners, a New York private equity firm, who will simultaneously transfer these assets to FatWire. The sale is expected to close in the next few days.

FatWire's J2EE content management software products complement and enhance divine's enterprise content management product lines. divine's content management business includes divine's Content Server, formerly OpenMarket, divine's Participant Server, formerly Eprise, and its over 300 worldwide customers including BusinessWeek, JP Morgan and Ford.

Ari Kahn, FatWire's chief technology officer noted, "divine's content management business is highly complementary to FatWire's J2EE dynamic content management product line, and the technologies are an excellent match."

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