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TheStreet Open House

OpenText Offers Software Trade-in For Autonomy Customers

Stocks in this article: OTEX

Autonomy Customers Have Another Path to Protect Their Software Investment

WATERLOO, ON, Nov. 26, 2012 /PRNewswire/ - OpenTextâ„¢ (NASDAQ: OTEX, TSX: OTC), a leading provider of Enterprise Information Management (EIM) software, today announced a compelling and complimentary offer to Autonomy customers interested in protecting their software investments. Existing Autonomy customers now have the option to trade in valid Autonomy licenses for OpenText licenses.

"We want to help Autonomy customers concerned with uncertainty about the future," said OpenText President and CEO, Mark J. Barrenechea. "With the OpenText trade-in offer, we're providing an opportunity for a simple switch to OpenText software from Autonomy software, with no increase to a customer's current software costs, but with a clear and confident path to future value and more innovation."

OpenText will work closely with Autonomy customers, helping them to achieve a seamless transition with minimal disruption to their organization. OpenText Professional Services teams and OpenText partners, experienced in facilitating migration from legacy products, will be on hand to ensure a smooth transition. OpenText also offers new products such as OpenText InfoFusion to greatly simplify and accelerate the process. This trade-in offer will expire December 31 st, 2012.

With the depth of OpenText's product portfolio, there is a compelling alternative for every Autonomy customer. Based on their existing products and needs, customers will be matched with comparable, and in most cases, more comprehensive functionality using OpenText offerings. Autonomy's Interwoven and iManage products can be readily replaced with OpenText's Web Experience Management (WEM) and eDOCS solutions respectively. OpenText's Records Management will serve as an unrivaled substitute to Autonomy's Meridio, MDY, iLumen, and the former Iron Mountain information governance products; and OpenText's MBPM will constitute an effective upgrade for Cardiff BPM customers.

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