OpenMarket
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Open Market was an ecommerce startup, founded in Cambridge, Massachusetts in early 1994. It went public in 1996 on the Nasdaq exchange under the symbol OMKT, as one of the first ecommerce IPOs. It relocated to Burlington, Massachusetts in early 1998.
In 1999, Open Market acquired Future Tense, founded in 1995, to combine its ecommerce software with Future Tense's content management system.
Open Market was later acquired by Divine in 2001 for about $59 million. Divine later filed for bankruptcy in early 2003.
FatWire Software acquired Open Market's content management business from the Divine bankruptcy. FatWire has extended the Open Market software and currently services Open Market's original content management customer base.
Soverain Software acquired Open Market's ecommerce assets, including the TRANSACT product.
[edit] Products & Technology
Open Market developed a number of software products, including:
- Open Market Web Server. This was one of the first commercially available Web (HTTP) servers, and the first commercial product with a highly scalable threading architecture. The Secure Web Server variant added support for Secure HTTP (S-HTTP) and SSL.
- TRANSACT. Open Market's eCommerce product.
- OM Express. an early offline web browser.
Open Market also invented FastCGI, a high-performance variant of the CGI interface. FastCGI was first implemented in Open Market's Web server products, but versions have since been developed for many other Web servers.
