Motive, Inc
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Motive, Inc.
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12515 Research Blvd., Bldg. 5 Austin, TX 78759-2220 TX Tel. 512-339-8335 Fax 512-339-9040 |
Type: Subsidiary
On the web:
http://www.motive.com
Motive is driven to improve communications services management. The company offers software to help service providers manage processes and services in areas such as Internet service, mobile broadband, home networking, and Internet protocol TV and phone. Telecommunications service providers worldwide use Motive's applications to provide their customers with online information, diagnostic testing, self-help tools, Q&A chats, mobile and home device management, and supplier interconnections. Customers have included AT&T, BSkyB, and Vodafone. The company is a subsidiary of Alcatel-Lucent.
Officers:
President: David Stevenson
COO: Customer Relationship Management, Marketing & Sales Software
Competitors:
Amdocs
CA, Inc.
Support.com
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Motive, Inc
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This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (June 2008) |
| Type | Acquired by Alcatel-Lucent |
|---|---|
| Industry | software |
| Founded | 1997 |
| Headquarters | Austin, Texas, USA |
| Key people | Alfred Mockett, Chairman & CEO |
| Products | broadband management software |
| Revenue | $97 million USD (2004) |
| Employees | ~300 (2007) |
| Website | www.motive.com |
Motive, Inc. (previously known as Motive Communications) was a software manufacturer founded in May 1997 and headquartered in Austin, Texas.
On June 17, 2008, Alcatel-Lucent announced that it had entered into a definitive agreement to acquire Motive through a cash tender offer for all outstanding Motive shares at a price of USD 2.23 per share, representing a value of approximately USD 67.8 million.
Timeline
May 1997: Company founded by Scott Harmon, Scott Abel, Mike Maples Jr, Brian Vetter, Tom Bereiter
July, 1998: Releases its first product, signs Hewlett-Packard Co. as its first major customer.
Dec, 1999: Spins off all.com
2000-2003: Acquires three other Austin companies (Ventix, Question.com, BroadJump); merges with All.com.
June 25, 2004: Initial public offering; shares rise 1.5 percent to $10.15.
Oct. 27, 2005: Restates earnings for first and second quarters of 2005; cuts one-third of work force.
Nov. 14, 2005: Announces informal SEC inquiry.
Jan. 20, 2006: Paul Baker resigns as chief financial officer of Motive Inc.
Jan. 23, 2006: Receives extension to report fourth-quarter results.
Feb. 21, 2006: Chairman and CEO Scott Harmon resigns
Apr. 10, 2006: Motive delisted by NASDAQ
Oct. 24, 2006: Mike Fitzpatrick named CFO
Jan. 16, 2007: Receives a cash infusion from Elion, a telecommunications provider in Estonia.
Apr. 12, 2007: Acknowledges being informed that the SEC’s inquiry is now a formal investigation.
June 17, 2008: Alcatel-Lucent announces intent to acquire Motive at $2.23 per share.
See also
External links
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