| TeamSite | |
| Developer: | Interwoven |
| Genre: | Content management system |
| License: | Proprietary |
OpenText TeamSite is an enterprise web content management system developed by Interwoven. At present, it is owned, maintained, marketed by OpenText, a company that acquired it from Hewlett-Packard on May 1, 2016.[1] Interwoven was founded in 1995, and acquired by Autonomy Corporation on March 17, 2009. Autonomy was acquired by Hewlett-Packard in 2011.
Interwoven was founded in 1995 in California by Singaporean Peng Tsin Ong, who was also Interwoven's first CEO and chairman. Peng was the co-founder of Match.com, and later went on to found Encentuate.[2] [3] In its private startup phase the company was backed by Foundation Capital,[4] Draper Fisher Jurvetson,[5] Accel Partners and other venture capital co-investors including Gary Kremen.[6]
On October 8, 1999 Interwoven had their initial public offering (IPO) on NASDAQ with Credit Suisse First Boston as the lead underwriter.[7]
On January 21, 2009, Interwoven announced it agreed to be acquired by Autonomy Corporation, based in England.[8] Autonomy estimated the consideration at $775 million [9]
The acquisition was finalized on March 17, 2009.
HP bought Autonomy on August 19, 2011.
OpenText acquired TeamSite, along with other HP Software products in May 2016.[10]