Stellent

Stellent
Public
Industry Computer software
Fate Acquired by Oracle Corporation
Founded 1989 (1989)[1]
Defunct December 14, 2006 (2006-12-14)[2]
Headquarters Eden Prairie, Minnesota, United States
Products Enterprise Content Management
Number of employees
 575[2]
Parent Oracle Corporation
Website http://www.oracle.com/us/corporate/Acquisitions/stellent/index.html

Stellent, Inc. was a software development company which provided Enterprise Content Management solutions. Stellent was previously named Intranet Solutions, and its product was initially IntraDoc!. The product was then briefly renamed Xpedio! before both the company and the product were renamed Stellent in 2001.

Stellent was acquired by Oracle in 2006.[3] Its headquarters was located in Eden Prairie, Minnesota. The location at 7500 Flying Cloud Dr. is still occupied by Oracle.

At the time of the acquisition, Stellent had 575 employees worldwide and 4,700+ global customers.[4] More specifically, Stellent had 4,153 ECM customers and 549 OEM customers.[4]

Acquisition

On November 2, 2006, Oracle announced that it had entered into an agreement with Stellent. Oracle then commenced a tender offer for all of the outstanding shares of common stock (including associated rights to purchase preferred stock) for USD $13.50 per share in cash, or approximately $440 million in the aggregate, followed by a second-step merger. The transaction closed on December 14, 2006.[4] Stellent was a publicly traded company (NASDAQ: STEL) with trailing twelve month revenues in excess of $130 million.

Offerings

Stellent's primary product was known as Universal Content Management (UCM), which formed the foundation of most of its other content management products. This product and its related products were rolled into Oracle Fusion Middleware as part of the Oracle WebCenter Content product line. However, the term Stellent is still commonly used for this suite of applications.

See also

References

  1. ↑ "Company Overview of Stellent, Inc.". Bloomberg L.P.
  2. 1 2 "Company Overview of Stellent, Inc." (PDF). Oracle Corporation.
  3. ↑ "Oracle's Stellent Acquisition".
  4. 1 2 3 "Oracle and Stellent - Acquisition Announcement" (PDF). Oracle Corporation.
This article is issued from Wikipedia - version of the Saturday, January 02, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.