Tag: Acquisition

Adobe acquires Day Software for $240 million

I’ll admit it. I did not see this one coming: Adobe announced today that it will acquire Day Software for $240 million USD. (Thanks, @pmonks, for the heads-up tweet).

Honestly, I thought Adobe would acquire Alfresco by the end of last year and I was surprised when it didn’t happen. They had done a big OEM deal making Alfresco part of LiveCycle and they did a gigantic Alfresco implementation as part of standing up Adobe’s acrobat.com site. Heck, Adobe even hosted Alfresco’s community event back in 2008. All small potatoes in the grand scheme of things, I know, but I can’t help but feel like the proud parent who’s daughter brought home a keeper, only to find out the guy’s been dating a hottie from Switzerland the whole time.

Day has a FAQ up on their site. As you would expect, Day promises that current customers have nothing to fear and that the products will continue to live on.

Day has some really cool stuff in both their commercial products and their open source projects (Sling, Jackrabbit). I hope the acquisition gives Day a huge injection of resources they are able to invest in the open source side of things.

Congrats to Erik Hansen, David Nuescheler, Kevin Cochrane, and the rest of the Day team!

OpenText administers Vignette mercy killing

OpenText issued a press release today saying it would buy Vignette for $12.70/share. Vignette has been struggling lately losing customers to complex and costly upgrades and laying off employees (CMSWire post) so I see this as a mercy killing of sorts. Naturally, OpenText views the acquisition more optimistically, saying it will “extend the breadth of our offerings and further Open Text’s positioning as the leading independent ECM vendor in the marketplace”.

I’ll be curious to see exactly what OpenText plans to do with the technology. I don’t follow them closely, so I’m not sure what they were after. Vignette’s Portal? Their collaboration stuff? I have no idea. I’m sure we’ll see some analysis today in the blogosphere.

I’ll bet we’ll see an increase in Vignette customer churn as is often the case in these acquisitions so this should be a good thing in Open Source ECM Land.