Autonomy Comletes Acquisition of ZANTAZ, INC.
Acquisition redefines information risk management
Dr. Michael Lynch, group CEO of Autonomy said: “We are very pleased to announce the completion of the acquisition of ZANTAZ. With this acquisition we’ll expand the addressable market, distribution and reach for Autonomy’s highly successful Aungate IDOL-based products further into rapidly growing markets driven by recent regulatory changes. Throughout this whole process we have been greatly impressed by ZANTAZ’ products and will be continuing to develop and support the whole range.” Dr. Lynch concluded: “With the addition of ZANTAZ to the Autonomy group, we expect to redefine information risk management by proactively automating the full spectrum of consolidated archiving, e-discovery, analytics and real-time policy management uniquely in one system. With the value, issues and risks associated with unstructured information squarely on the enterprise agenda, as the only vendor capable of automating operations across all forms of unstructured information Autonomy remains uniquely positioned in the market.”
On 3 July 2007, Autonomy and ZANTAZ announced that they had entered into a definitive merger agreement for Autonomy to acquire ZANTAZ for a purchase price of approximately $375 million in cash after certain deductions.
ZANTAZ is a global leader in content archiving, electronic discovery solutions and software as a service. ZANTAZ solutions enable organizations to capture, classify, preserve and discover unstructured digital information–including email, IM, files, scanned documents, and other electronic records–and review and produce relevant documents in a manner that reduces operational risks and costs while complying with legal, regulatory and corporate policy requirements. ZANTAZ solutions are available as on-site software applications or on-demand software services, or a combination of both and include a broad set of professional services and integration support. ZANTAZ customers include 9 of the 10 top global law firms, 11 of the Fortune 25 and 14 of the top 20 Financial Securities firms. For more information, visit www.ZANTAZ.com or call +1 (800) 636-0095.
Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, information risk management solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. More than 350 companies OEM Autonomy technology, including Business Objects, Citrix, EDS, H-P, Novell, Oracle, Sybase and TIBCO, and the company has over 400 VARs and Systems Integrators. The company has offices worldwide. For more information on Autonomy, please visit www.autonomy.com.
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