In the last 24 hours Ben Bernanke says he can see the light at the end of the economic tunnel and Austin-based Vignette is the newest acquisition of Canadian content management experts Open Text.
Two things to notice here. First, we’re in for at least several months more of what, according to Bernanke, will amount to further consolidation and acquisition before current conditions of market uncertainty draw to an end. Second, when current market conditions of uncertainty draw to an end, it will be precisely those companies that, like Open Text, have not only weathered the storm, but have grown and added new functionality that stand the most to gain.
If you’re an applications developer this means [...]