Art Technology Group
 |
|
| Subsidiary | |
| Successor | Oracle Commerce |
| Founded | 1991 |
| Founder |
Jeet Singh Joseph Chung |
| Headquarters | Cambridge, Massachusetts, United States |
|
Key people
|
Bob Burke, CEO |
| Revenue |
 US$179M (FY 2009)
|
|
US$16.8M (FY 2009)
|
|
|
US$16.8M (FY 2009)
|
|
| Total assets |
US$214M (FY 2009)
|
| Total equity |
US$136M (FY 2009)
|
|
Number of employees
|
442 |
| Parent | Oracle Corporation |
| Website | http://www.oracle.com/us/corporate/Acquisitions/atg/ |
Art Technology Group (ATG) 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. The company is a provider of eCommerce software and related on-demand commerce optimization applications. ATG's solutions provide merchandising, marketing, content personalization, automated recommendations, and live-help services.
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, 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.
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