ASWX LONG --
**offering price -- 11 dollars
**underwriters -- Goldman, Sachs & Co.; Lehman Brothers; Dain Rauscher
Wessels
**currently trading at 18 15/16
**Active Software actively supports the move to e-business. Companies use
its ActiveWorks Integration System software to blend multiple business
software packages -- including custom applications and e-commerce,
database, supply chain, and resource planning software from IBM, Oracle,
SAP, and others -- over enterprise networks that can include partners,
suppliers, and customers.
**ultra-hot industry
**impressive group of backers -- Venture capital firms Kleiner Perkins,
Lehman Brothers, Sierra Ventures, and Enterprise Partners own about 44% of
the company.
**partners include Cisco, Sun Microsystems and Hewlett Packard
**list of current customers includes :
Starbucks, Lockheed Martin, Federal Express, US Department of Defense,
Adobe, Motorola
**over 100 customers total
**named by Fortune magazine as one of the top 25 enterprise software makers
to watch
**this is a predicted 5 billion dollar market by the year 2001
**investors in company include : KPCB Java Fund (funders include Cisco,
Oracle, and IBM), Cambridge Technology Capital Fund and Sierra Ventures |
