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November 17, 2005

Verity expects OEMs to remain intact post-merger

It's business as usual for Verity Inc's 250-odd OEM partners, despite the company's takeover by UK-based search rival Autonomy Corporation Plc.

By CBR Staff Writer

In an official estatement, Verity officials continued their commitment to ISVs and system integrator partners through one of the longest-running OEM programs in the industry.

We don’t anticipate any channel conflicts, but instead foresee expanded opportunities for our partners and OEM customers, said Verity in an email to ComputerWire.

Sunnyvale, California-based Verity also announced several new releases of its OEM software components, including an upgraded version of its search applications development platform K2 Developer and its KeyView (information viewing, filtering and conversion) and LiquidBPM (workflow) SDKs.

Verity’s OEM program has been running for over a decade now. It’s a model funnily enough that Autonomy has mimicked in many ways and remains a key part of both companies’ strategies. Verity’s search and knowledge management technology is now embedded in over 260 applications. OEM partners include FileNet, Kana, IBM Lotus, Oracle, Tibco and Xerox.

Verity did not disclose how many of its OEMs are also Autonomy OEMs

In direct revenue, which includes OEMs, accounted for 43% of the company’s last full reported quarter.

OEM continues to be a significant part of our business and we see no reason for that to change, said Verity CEO, Anthony Bettencourt, who will head up the new US division once the two companies have formally merged.

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Cambridge-based Autonomy announced its intent to acquire Verity earlier this month for $500m.

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