Art Technology Group
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| Type | Public (NASDAQ: ARTG |
|---|---|
| Founded | Cambridge, Massachusetts (1991) |
| Headquarters |  Cambridge, Massachusetts, USA |
| Key people | Bob Burke, CEO |
| Revenue | ▲ US$164.64 Million (2008)[1] |
| Operating income | ▲ US$4.43 Million (2008)[1] |
| Net income | ▲ US$3.80 Million (2008)[1] |
| Total assets | US$188.77 Million (2008)[1] |
| Total equity | US$110.95 Million (2008)[1] |
| Employees | 442[2] |
| Website | http://www.atg.com/ |
ATG (Art Technology Group, Inc., NASDAQ: ARTG) makes software and delivers e-commerce and Web marketing solutions that many global brands use to power their e-commerce Web sites. ATG is a publicly-traded software company based in Cambridge, Massachusetts. ATG sells e-commerce software and services broken into two brands: the ATG Commerce application suite, and ATG e-Commerce Optimization Services. The company has development locations in Seattle Washington, Reston Virginia, Washington DC and Belfast, Northern Ireland, with sales support locations throughout North America and Europe.
Customers of ATG include major brands in industries such as retail, consumer products manufacturing, media/entertainment, high technology, telecommunications, financial services, travel/leisure and government. This includes AT&T, Best Buy, Coca Cola, Continental Airlines, CVS, Dell, Diane von Furstenberg, DirecTV, Eastman Kodak, Hewlett-Packard, Hilton, HSBC, Jostens, Macy's, Microsoft, Neiman Marcus, New York & Company, Nokia, NutriSystem, OfficeMax, PayPal, Philips, Premier Farnell, Procter & Gamble, Sears, Sony, Superpages.com, Symantec, Target, Thomas Cook, T-Mobile, Tommy Hilfiger, Urban Outfitters, Verizon, Viacom, Vodafone and Walgreens.[citation needed]
[edit] Corporate history, acquisitions
1991: ATG is cofounded by Jeet Singh and Joseph Chung, both graduates of MIT,[3] and grows quickly as an early leader in Java-based Internet technologies
1991-1996: Leveraging the founders’ previous work at the MIT Media Labs, 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 with personalization technology
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: Having established itself as the leader in e-commerce software applications, ATG acquired Primus Knowledge Solutions[4] in a disputed[5][6] acquisition that closed on November 1, 2004. ATG expanded its offering with Primus’ products: knowledge management for the contact center, self-service solutions and e-mail response systems
2005: ATG completed the integration of the Primus applications onto the ATG Web marketing and ecommerce software platform
2006: Citing the growing importance of the call center's impact on e-commerce conversion rates, in October 2006 ATG acquired eStara[7][8], a provider of click to call, chat and call tracking solutions.
2007: ATG invested in new advanced e-commerce features including "Searchandising" capabilities, Customer Intelligence and introduced the ATG Commerce Service Center.
2008: ATG acquired privately held CleverSet[9][10]; the transaction closed on February 6, 2008. CleverSet’s patented technology known as “statistical relational learning” assesses what site content and product recommendations are best for a given customer; following the acquisition this technology became ATG Recommendations, a SaaS product that automatically delivers recommendations incorporating the real time click-stream behavior of the visitor as it occurs.
[edit] References
- ^ a b c d e "ARTG - Art Technology Group, Inc.". Google Finance. http://www.google.com/finance?q=artg. Retrieved on 2009-03-29.
- ^ "Company Profile for Art Technology Group Inc (ARTG)". http://www.zenobank.com/index.php?symbol=ARTG&page=quotesearch. Retrieved on 2008-10-21.
- ^ Jeet Singh Bio
- ^ ATG Picks Up Primus
- ^ Mitchell-Wright Technology Group, LLC Urges Art Technology Group Shareholders to Vote Against the Merger With Primus Knowledge Solutions, Inc.
- ^ SaveATG.com at Archive.org
- ^ ATG to acquire eStara in cash-and-stock deal worth up to $48 million
- ^ ATG Will Acquire eStara
- ^ ATG buys CleverSet for $10 million
- ^ CleverSet selling out to ATG for 10 million
