IXOS Software Conference Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Scott Penner - TD Newcrest - Analyst : Thanks very much. Just on the structure of the transaction, can you, Tom, just talk about whether there are any limits on the size of either cash or the share components, whether the cash components creates any financing needs and what's the form of compensation that the General Atlantic Partners will be taking? Thanks.

Question: Michael Abramsky - Canaccord Capital - Analyst : Yes gentlemen. Could you talk a little bit about the vision that you [pointed] 19:15 earlier is really one of brought product integration and does look like the products are complementary, but can you talk about what it's going to take to integrate the products to kind of sell that combined collaboration content vision together to enterprise?

Question: Paul Steep - Orion Securities - Analyst : Hi, Robert, a question for you. Could you just give for those of us not from Europe a little update on the integration within IXOS of Obtree and PowerWork and how that's progressed over the past year?

Question: Jeff Sine - the UBS - Analyst : Thanks. Tom, can you just elaborate a little bit more on the product integration? I wasn't really clear, may be you didn't mention both the timing of an integrated product given the size of this acquisition. And I guess may be clarify a little bit in terms of the architecture, are you implying that the architecture are very similar and that the integration on the products front is going to be -- requires a little effort?

Question: Scott Kessler - Standard and Poors - Analyst : Thanks very much. I was wondering if you could potentially detail any collaboration that the two companies have engaged in prior to this point and if there is going to be any kind of ramp necessary to get to know one another's products and things of that nature. If you could just kind of detail what your plans are in that respect, that will be great, thanks.

Question: Brandon Osten - Sprott Securities - Analyst : Good morning guys. Tom, congratulations on finally bagging the big one.

Question: Brandon Osten - Sprott Securities - Analyst : Just in terms of -- is Alan there.

Question: Brandon Osten - Sprott Securities - Analyst : Okay. So, let's talk more strategic than financial. In terms of growth, my sense was that, you know, I find that obviously, put together a 15% organic quarter, you guys seem to be moving, your growth rate has be scaling up powerfully over the last three quarters. IXOS seems to be flat a bit, it looks like their license revenues have been declining a bit for the last couple of years. What are the implications of this for the overall corporate growth rate and do you expect to see [inaudible]

Question: Blair Abernethy - Paradigm Capital - Analyst : Hi. Congratulations gentlemen. It looks like a great fit for you.

Question: Blair Abernethy - Paradigm Capital - Analyst : Quick questions; first, on the relationship side. I am wondering if you can give us some sense of the strategic relationships with SAP and the EMC's and HP storage companies. It looks like IXOS has really good relationships there. And secondly just, Tom, I don't know if you can comment or not on if and when and how much this deal might be accretive to you?

Question: David Shore - Descjardins Securities - Analyst : Yeah, thanks and congratulations on the deal. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies.

Question: David Shore - Descjardins Securities - Analyst : Robert, can you just talk about any particular verticals that you focus on customer wise?

Question: David Wright - BMO Nesbitt Burns - Analyst : Thank you very. Good morning and congratulations.

Question: David Wright - BMO Nesbitt Burns - Analyst : You have had a very disciplined business model in terms of your acquisitions in the past and I am just wondering if this one has a few different characteristics to it. For instance it's larger than the other ones you have done and now you are setting up kind of two separate business units. So, are there aspects to the business that might change the model a little bit in the way you might answer that is just, you know, are you keeping administrative offices over in Europe, I assume the European listing goes away, so are there any aspects to this transaction that are slightly different than some of the other transactions that you have done?

Question: Richard Tse - Merrill Lynch - Analyst : Yeah. It's Richard Tse actually. Hey, Tom.

Question: Richard Tse - Merrill Lynch - Analyst : Yeah. Quick questions for you, I always thought you guys' content repository is quite strong and then now you are handing this off to IXOS, can you explain to me the rationale behind that and how you selected them as a candidate for acquisition here?

Question: Paul Bradley - Dundee Securities - Analyst : Yeah, good morning and congratulations again on the transaction. Just my question was just, post the transaction and find a customer for enterprise content management, and you are the solution provider, am I going to see two sales people, one sales person, what's going to be presented to me as the product offering? without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies.

Question: Michael Abramsky - Canaccord Capital - Analyst : Yeah gentlemen. Tom, at the risk of pressing a point, do you have a current timetable for product integration? It just seems so critical, and I know, obviously it sounds like it's possible to do it quickly, but just wonder what your thoughts over there.

Question: Paul Lechem - CIBC World Markets - Analyst : Few quick questions. Is there a break fee on the deal? Do you have any colors on your share price in terms of how many shares you will offer and finally why is there such exceedingly large discrepancy between the share option and the cash option?