Hummingbird Ltd.

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Hummingbird a division of Open Text
TypeSubsidiary of public company
IndustryComputer software
FoundedToronto, Ontario (1984)
FateAcquired by Open Text Corporation
HeadquartersToronto, Ontario, Canada
Key people
, (Chairman of the Board)
RevenueIncrease$236.1 million USD (2005)[1]
Decrease$22.36 million USD (2005)[1]
Number of employees
1500+ (2005)[1]
Websitewww.hummingbird.com

Hummingbird Ltd. (previously NASDAQ: HUMC, TSX: HUM) is a subsidiary of OpenText and is a provider of enterprise software solutions[buzzword] including Exceed. Initially founded as a consulting business in 1984, Hummingbird moved into the connectivity market. Its enterprise content management (ECM) solutions[buzzword] focuses on the management of the life cycle of enterprise content.

Hummingbird has 40 offices worldwide. Customers include IBM, NASA, Morgan Stanley, Boeing, The Walt Disney Company, and The Government of Canada[citation needed].

History[]

Acquisition of PCDOCS was one of the most important steps of the company in the way of formation as an ECM-oriented company[clarification needed]. DOCS Open product of PCDOCS Inc. became Hummingbird DOCSFusion and DM - a part of Hummingbird document management system (a part of Hummingbird Enterprise Suite). The product still exists in Open Text products after rebranding with new name as eDOCS DM. In November 2012 OpenText launched the new v5.3.1 version with full support of Windows 8 and Windows Server 2012.

Mergers, Acquisitions, IPOs[]

  • 1984 - Hummingbird founded.
  • 1993 - Completes $45 million CAD IPO of common shares in Canada, on the Toronto Stock Exchange.
  • 1994 - Completes US$34.5 million additional and secondary offering of common shares on NASDAQ.
  • 1995 - Acquires , developer of NFS products.
  • 1996 - Purchased naming rights to the O'Keefe Centre, now known as Sony Centre for the Arts.
  • 1997 - Acquires TN3270 and TN5250 terminal emulation software from McGill University and in Canada.
  • 1998
    • Acquires business intelligence solutions[buzzword] vendor,
    • Acquires of Hamburg, Germany, a software consulting and distribution company.
  • 1999
    • Acquires , of Paris, France, makers of Genio, a data transformation and exchange tool (ETL) for deployment of data marts.
    • Acquires
  • 2000 - Ventured into India, by tying up with as its systems integrator for Hummingbird products in India.[2]
  • 2000 - Acquires imaging technology from
  • 2001 - Acquires UK company, PeopleDoc.
  • 2003
    • Acquires legal practice management firms and .
    • Acquires .
    • Acquires and its affiliate , distributors and integrators of document management solutions[buzzword] in the Netherlands and Benelux.
  • 2005 - Hummingbird acquires RedDot Solutions, rounding out its integrated ECM offering.
  • 2006 - Hummingbird acquired by Open Text for $489 million. Hummingbird informed Texas Guaranteed Student Loan Company that it had lost a piece of equipment—albeit password protected—containing the unencrypted personal data (names and social security numbers) of an estimated 1.3 million Texas student loan recipients.[3] The company's board of directors agreed to be sold to Symphony Technology Group, but following a hostile bid from Open Text,[4] the board negotiated a deal with its rival and accepted an all-cash US$489 million buy-out from Open Text.[5] Following the close of the deal in October, Open Text announced a 15% global workforce reduction.[6]
  • 2008 - Gold Coast City Council rolls Hummingbird out as document management system to 3000+ employees

Products[]

  • 1990 - Hummingbird Basic and Hummingbird QuickScript
  • 1994 - Host Explorer[citation needed]

References[]

  1. ^ Jump up to: a b c "Hummingbird 2005 Annual Report" (PDF). Archived from the original (PDF) on 2006-11-08. Retrieved 2006-08-05.
  2. ^ Srinivasan, Priya (2000-05-17). "Dess Tech, Hummingbird in pact for product installation". Express India. Retrieved 2000-05-18. Check date values in: |accessdate= (help)
  3. ^ "TG announces contractor's loss of borrower files". 2006-05-30. Archived from the original on 2006-08-18. Retrieved 2006-08-05.
  4. ^ "Open Text launches rival bid for Hummingbird". CBC News. 2006-07-06. Retrieved 2006-07-07.
  5. ^ Avery, Simon (2006-08-04). "Hummingbird okays Open Text bid". Globe and Mail. Retrieved 2006-08-05.
  6. ^ King, Danny (2006-10-16). "Open Text to Cut 500 Jobs After Buying Hummingbird". Bloomberg.com. Retrieved 2006-10-19.

External links[]

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