Art Technology Group
Encyclopedia
Art Technology Group was an independent Internet technology company specializing in eCommerce software and on-demand optimization applications until its acquisition by Oracle
on January 5, 2011. ATG continues to be based in Cambridge, Massachusetts
and operates under its own name as a subsidiary of Oracle.
1991-1996: ATG delivered consulting services for building Web sites
1997-1998: ATG transitioned to a software company offering several products including an Application Server and an e-commerce platform.
1999: ATG made its initial public offering.
2000-2003: Focused on commerce applications, business tools for content management, merchandising, marketing and analytics; shift to industry standard application servers from IBM
, BEA
and JBoss
.
2004: ATG acquired Primus Knowledge Solutions in a disputed acquisition that closed on November 1, 2004.
2005: ATG completed the integration of the Primus applications onto the ATG Web marketing and ecommerce software platform
2006: ATG acquired eStara, a provider of click to call, chat and call tracking solutions.
2008: ATG acquired privately held CleverSet; the transaction closed on February 6, 2008.
2010: ATG acquired privately held InstantService; the transaction closed on January 12, 2010.
2010: Oracle Corporation
reaches an agreement with ATG to start the acquisition
process of ATG into Oracle. The announcement of the acquisition agreement was made public on November 2, 2010.
2011: Oracle Corporation
completes its acquisition of ATG on January 5, 2011 for an estimated $1 billion, or $6.00 a share.
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
on January 5, 2011. ATG continues to be based in Cambridge, Massachusetts
Cambridge, Massachusetts
Cambridge is a city in Middlesex County, Massachusetts, United States, in the Greater Boston area. It was named in honor of the University of Cambridge in England, an important center of the Puritan theology embraced by the town's founders. Cambridge is home to two of the world's most prominent...
and operates under its own name as a subsidiary of Oracle.
Corporate history, acquisitions
1991: ATG is cofounded by Jeet Singh and Joseph Chung, both graduates of MIT.1991-1996: ATG delivered consulting services for building Web sites
1997-1998: ATG transitioned to a software company offering several products including an Application Server and an e-commerce platform.
1999: ATG made its initial public offering.
2000-2003: Focused on commerce applications, business tools for content management, merchandising, marketing and analytics; shift to industry standard application servers from IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
, BEA
BEA Systems
BEA Systems, Inc. specialized in enterprise infrastructure software products known as "middleware", which connect software applications to databases and was acquired by Oracle Corporation on April 29, 2008.- History :...
and JBoss
JBoss
JBoss Application Server is an open-source Java EE-based application server. An important distinction for this class of software is that it not only implements a server that runs on Java, but it actually implements the Java EE part of Java...
.
2004: ATG acquired Primus Knowledge Solutions in a disputed acquisition that closed on November 1, 2004.
2005: ATG completed the integration of the Primus applications onto the ATG Web marketing and ecommerce software platform
2006: ATG acquired eStara, a provider of click to call, chat and call tracking solutions.
2008: ATG acquired privately held CleverSet; the transaction closed on February 6, 2008.
2010: ATG acquired privately held InstantService; the transaction closed on January 12, 2010.
2010: Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
reaches an agreement with ATG to start the acquisition
Takeover
In business, a takeover is the purchase of one company by another . In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.- Friendly takeovers :Before a bidder makes an offer for another...
process of ATG into Oracle. The announcement of the acquisition agreement was made public on November 2, 2010.
2011: Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
completes its acquisition of ATG on January 5, 2011 for an estimated $1 billion, or $6.00 a share.