MINEOLA, New York - May 13, 2003 -FatWire Software today announced it 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 award-winning 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.
"We're delighted to combine the divine and FatWire teams to provide what we believe will be the most powerful solution for enterprise-level content management customers," said Mark Fasciano, FatWire's CEO. "We're committed to providing our world-class support and service to divine's Content Server and Participant Server clients."
divine Content Server mixes content functionality with a high-performance technology base and provides an open, extensible framework for growth. Customers regularly leverage Content Server's J2EE architecture to build their own dynamic, content-driven applications.
divine Participant Server manages and simplifies the flow of content to Web sites by enabling business users to add, modify, manage, and publish content without the assistance of IT staff.
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."
About FatWire Software
FatWire Software is a leading provider of dynamic content management software for Global 2000 companies. FatWire's powerful UpdateEngine ECM Suite is the only Web application assembly system that empowers business users, power users, and developers to efficiently build and manage Web sites while providing scalability and flexibility. Founded in 1996, FatWire Software is headquartered in New York and operates offices throughout the US. For specific information about FatWire, please call 516-328-9473 x424.
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