Art Technology Group

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Art Technology Group, Inc.

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/

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.

References

1. ^ ^{a b c d e} "ARTG - Art Technology Group, Inc.". Google Finance. http://www.google.com/finance?q=artg. Retrieved 2009-03-29. 
2. ^ "Company Profile for Art Technology Group Inc (ARTG)". http://www.zenobank.com/index.php?symbol=ARTG&page=quotesearch. Retrieved 2008-10-21. 
3. ^ Jeet Singh Bio
4. ^ ATG Picks Up Primus
5. ^ Mitchell-Wright Technology Group, LLC Urges Art Technology Group Shareholders to Vote Against the Merger With Primus Knowledge Solutions, Inc.
6. ^ SaveATG.com at Archive.org
7. ^ ATG to acquire eStara in cash-and-stock deal worth up to $48 million
8. ^ ATG Will Acquire eStara
9. ^ ATG buys CleverSet for $10 million
10. ^ CleverSet selling out to ATG for 10 million

External links

• ATG
• ATG Group on LinkedIn