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U.K. company to buy content management provider Interwoven

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Cambridge, England—British software infrastructure and search company Autonomy Corp. has entered into an agreement to acquire Web content management company Interwoven in a deal valued at $775 million.

The companies said that the combination will “accelerate the delivery of the next generation of unstructured information management software,” and “strengthen Autonomy’s access to the worldwide legal and compliance industry through Interwoven’s significant sales force with industry expertise.”

Based in San Jose, Calif., Interwoven’s TeamSite content management system is used to create intranet and Internet Web sites. Its WorkSite document management system stores, indexes, organizes and helps search documents and e-mail.

—Christopher Hosford

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