quote.bloomberg.com
EXCERPT:
<<<<Founded in 1994, Burlington, Massachusetts-based Open Market
now has more than 30,000 licenses of its e-commerce products and
12,000 merchant sites in production.
Clients include Lycos Inc., American Online Inc., Dow Jones
& Co.'s Wall Street Journal and Bloomberg LP, as well as Acer
Computer International Ltd., Ingram Micro Inc., Milacron Inc.,
and Siemens AG. It also serves 10 of the world's top 13 national
telephone companies and does business now in 30 countries.
Third-quarter revenue was $18 million, up 25 percent, and
its loss narrowed to $1.1 million, or 3 cents per share, from
$6.9 million, or 20 cents, a year earlier.
Eichhorn said after the acquisition costs are absorbed the
company should be profitable in the second quarter of 2000.
Open Market, whose software helps companies build, manage
and profit from Internet commerce, added technology with its
October acquisition of Acton, Massachusetts-based FutureTense
Inc. for $125 million in stock. The purchase let the company
combine content creation, marketing and order management in a
single software package.
``Most sites are backed by at least three different
platforms,' Eichhorn said. ``We are the only company currently
integrating all three.' >>> |
