Facebook to Lift Trump Suspension Tesla Breaks Sales Record Razer Edge Game Handheld MoviePass Beta 'Succession' Season 4 Trailer 'Poker Face' Review This Robot Can Liquify Mental Health Exercises
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Vignette on sale and OpenText may be buying

Vignette may be looking for a buyer and OpenText may be looking to buy.

A person close to Vignette and OpenText management told me two interesting tidbits today:

  1. Vignette has been going through a round of layoffs recently, packaging itself up for sale, and
  2. OpenText just retained Goldman Sachs to help it with some M&A work.

Will we be seeing "OpenVignette" soon? I suspect the answer is "Yes." OpenText needs strength outside its core records management business, and Vignette needs someone to shepherd it back to health (Its last quarter was less-than-stellar). With a roughly $300 million market capitalization, Vignette is dirt cheap.

The problem isn't the market: Interwoven continues to deliver impressive results. It's also not the people. My own experience with Vignette people is that they are high integrity and super well-qualified. (At Alfresco we've hired quite a few.)

No, the problem seems to be in execution. Perhaps OpenText can remedy this.

In the meantime, for all you open-source applications vendors, Vignette is still full of high-quality people. If you need some Java-savvy developers, sales engineers, etc., now would be the time to go calling.