| Type | Subsidiary |
|---|---|
| Founded | 1991 |
| Founder(s) | Jeet Singh Joseph Chung |
| Headquarters | Cambridge, Massachusetts, USA |
| Key people | Bob Burke, CEO |
| Revenue | US$179M (FY 2009)[1] |
| Operating income | US$16.8M (FY 2009)[1] |
| Net income | US$16.8M (FY 2009)[1] |
| Total assets | US$214M (FY 2009)[2] |
| Total equity | US$136M (FY 2009)[2] |
| Employees | 442[3] |
| Parent | Oracle Corporation |
| Website | http://www.atg.com/ |
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.
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[4] in a disputed[5][6] 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[7][8], a provider of click to call, chat and call tracking solutions.
2008: ATG acquired privately held CleverSet[9][10]; the transaction closed on February 6, 2008.
2010: ATG acquired privately held InstantService[11][12]; 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.[13]
2011: Oracle Corporation completes its acquisition of ATG on January 5, 2011 for an estimated $1 billion, or $6.00 a share.[13]