Interwoven, Autonomy merger one step closer to completion

By Lisa Kerner

Charlotte, N.C., Feb. 10 - The Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period in the proposed merger of Interwoven, Inc. and Autonomy Corp. plc, according to a government report.

Autonomy agreed in January to acquire Interwoven for $16.20 in cash per share in a transaction valued at approximately $775 million.

The companies expect to close the merger in the second quarter, it was previously reported.

Autonomy is a Cambridge, England-based infrastructure software company.

Interwoven is a content management solutions provider based in San Jose, Calif.

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