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}}</ref><ref name="IBM_ARCHIVES_1997">{{cite news
| url = http://www-03.ibm.com/ibm/history/history/year_1997.html
| archive-url = https://web.archive.org/web/20041216110616/http://www-03.ibm.com/ibm/history/history/year_1997.html
| url-status = dead
| archive-date = December 16, 2004
| title = IBM Archives 1997
| work = IBM Archives
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| access-date = March 5, 2008
}}</ref><ref name="NetObj-patent2">{{cite web
| url = httphttps://wwwpatents.google.com/patents?vid=USPAT6311196patent/US6311196
| title = Patent 6311196: "Method and apparatus for implementing web pages having master borders"
| publisher = Google Patents
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| access-date = March 5, 2008
}}</ref><ref name="NetObj-patent3">{{cite web
| url = httphttps://wwwpatents.google.com/patents?vid=USPAT5911145patent/US5911145
| title = Patent 5911145: "Hierarchical structure editor for web sites"
| publisher = Google Patents
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| access-date = March 5, 2008
}}</ref><ref name="NetObj-patent4">{{cite web
| url = httphttps://wwwpatents.google.com/patents?vid=USPAT5845299patent/US5845299
| title = Patent 5845299: "Draw-based editor for web pages"
| publisher = Google Patents
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Releases 2.0 (1997) and 3.0 (1998) of NetObjects Fusion again gained positive reactions by the PC press as well as commercial success on the market. In 1999 IBM brought NetObjects to the [[stock exchange]] with [[initial public offering]] while remaining the major [[shareholder]]. The [[initial public offering]] (IPO) on [[NASDAQ]] raised $72 million.
 
The [[board of directors]] consisted of six people: Samir Arora as Chairmanchairman of the Boardboard, Chiefchief Executiveexecutive Officerofficer and Presidentpresident, and five directors, including [[John Sculley]] from Apple Computer, three representatives from IBM and one from Novell.
 
=== Success on the market and the stock exchange ===
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| date = July 27, 2001
| access-date = July 4, 2008
}}</ref> and with [[Internet service provider]]s like [[UUNET]], [[Earthlink]] or 1 & 1 ([[Germany]]). The company itself said it licensed the [[Distribution (business)|distribution]] of more than 15 million copies of NetObjects Fusion.{{Needs citation|date=April 2024}}
 
In 2000 the [[stock]] price of NETO ([[ticker symbol]]) reached its record high of $45 11/16 USD, making NetObjects worth $1.5 billion.{{Needs citation|date=April 2024}}
 
[[Revenue]] had started at $7.2 million in 1997, reached $15 million in 1998, $23.2 million in 1999 and peaked at $34.2 million for [[fiscal year]] 2000 (October 1999 - September 2000).{{Needs citation|date=April 2024}}
 
On March 3, 2000, [[TheStreet.com]]'s Adam Lashinsky praised NetObject's financial performance and its early adoption of [[e-business]]:
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}}</ref>
 
NetObjects started to raise $50 million in a [[private placement]] with [[Deutsche Bank]]. But IBM, which controlled the NetObjects Board, did not approve the [[Reserve (accounting)|cash reserves]]placement. In the summer of 2001, the markets plummeted with the bursting of the [[dot-com bubble]]. And ultimately IBM as the majority shareholder decided to sell NetObjects.{{Needs citation|date=April 2024}}
 
NetObjects Fusion, NetObjects Matrix including the MatrixBuilder, BizGoBiz and other assets were sold to Website Pros (now [[Web.com]]), a web design and services company based in [[Jacksonville, Florida]] <ref name="SEC-NetObj-Sep01">{{cite web
| url = http://www.secinfo.com/dsvNq.4f8q2.htm
| title = Netobjects Inc · PRE 14C · For 9/30/01
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In May 2009 NetObjects Inc. was re-established as an independent company. It acquired the NetObjects Fusion product line from Web.com. A smaller part of the amount was transferred instantly, while $3.0 million remained payable from future revenue of NetObjects Fusion sales until 2013.<ref name="WEB.COM_SEC_2_2009" />
 
In terms of management and staff, there are no overlapping between the old and new companies with the same name. Steve Raubenstine, who was vice president of the NetObjects Fusion division at Web.com (former Website Pros), serves as Presidentpresident and CEO of the new NetObjects Inc.{{Needs citation|date=April 2024}}
 
== Products ==
 
* NetObjects Fusion: webWeb design tool created in 1996,. soldSold to Website Pros (now [[Web.com|Newfold Digital]]) in 2001,. re-purchasedIn by2009 thea newmanagement establishedbuyout of the NetObjects, IncFusion division of Website Pros created the second coming of an independent NetObjects. inFusion 2009,was the main part of what management bought. NetObjects still distributeddistributes Fusion. The latest release is versionVersion 1215, Update #1. NetObjects released Update #1 in DecemberMarch 2010.2015.<ref name="FusionUpdates">
{{
* NetObjects Authoring Server, a collaborative Web development and [[content management system|content management solution]], created in 1999, sold to UK-based Merant in 2000, after Merant's merge in 2004 with Serena Software distributed as "Collage" and discontinued in 2008.<ref name="TRENDS">{{cite web▼
Cite web
| url=http://www.netobjects.com/html/downloads.html
| url-status=live
| title=Product Updates and Downloads
| publisher=NetObjects
| archive-url=https://web.archive.org/web/20210421044729/http://www.netobjects.com/html/downloads.html
| archive-date=2021-04-21
| access-date=2021-05-20
}}
</ref>
▲* NetObjects Authoring Server, a: collaborativeCollaborative Web development and [[content management system|content management solution]],. createdCreated in 1999,. soldSold to UK-based Merant in 2000,. afterAfter Merant's merge in 2004merger with Serena Software in 2004, distributed as "Collage". and discontinuedDiscontinued in 2008.<ref name="TRENDS">{{cite web
| url = http://www.cmswatch.com/Trends/1179-Serena-Collage-to-go-off-into-the-sunset
| first = Tony
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| date = March 12, 2008
| access-date = April 15, 2009
}}</ref> The predecessor of thisAuthoring Server was NetObjects Team Fusion, introduced as a [[client–server]] application in 1998.
* NetObjects MatrixBuilder: Online Web Page and [[Web service|Web Service]] builder, first released in 2000. Sold to Website Pros (now [[Web.com|Newfold Digital]]) in 2001. Website Pros sold MatrixBuilder licenses directly to customers.<ref name="ANNUAL_11">
 
{{
* NetObjects Matrix, an online Web builder and Web services tool, invented in 2000, sold to Website Pros in 2001. Website Pros, now [[Web.com]], relied their website building process for customers on the NetObjects MatrixBuilder platform.<ref name=ANNUAL_5>{{cite web | url = http://files.shareholder.com/downloads/WSPI/351433097x0x189105/BED273D3-F558-48EF-9A1B-4248CFBEBEF8/Annual%20Report%20for%20Web.pdf| title = Website Pros Annual Report 2007, pgs. 15, 21 | publisher = Website Pros | access-date = July 4, 2008}}</ref>
Cite web
| url=http://files.shareholder.com/downloads/WSPI/351433097x0x189105/BED273D3-F558-48EF-9A1B-4248CFBEBEF8/Annual%20Report%20for%20Web.pdf
| url-status=dead
| title=Website Pros 2007 Annual Report
| date=2008-04-17
| publisher=Website Pros (Predecessor to Newfold Digital)
| via=[[Internet Archive]]
| at=Page 11 as printed on page (Page 21 as stored in PDF)
| archive-url=https://web.archive.org/web/20160303172548if_/http://files.shareholder.com/downloads/WSPI/351433097x0x189105/BED273D3-F558-48EF-9A1B-4248CFBEBEF8/Annual%20Report%20for%20Web.pdf
| archive-date=2016-03-03
| access-date=2021-05-19
}}
</ref> Website Pros also used MatrixBuilder internally to develop websites for customers.<ref name="ANNUAL_5">
{{
Cite web
| url=http://files.shareholder.com/downloads/WSPI/351433097x0x189105/BED273D3-F558-48EF-9A1B-4248CFBEBEF8/Annual%20Report%20for%20Web.pdf
| url-status=dead
| title=Website Pros 2007 Annual Report
| date=2008-04-17
| publisher=Website Pros (Predecessor to Newfold Digital)
| via=[[Internet Archive]]
| at=Page 5 as printed on page (Page 15 as stored in PDF)
| archive-url=https://web.archive.org/web/20160303172548if_/http://files.shareholder.com/downloads/WSPI/351433097x0x189105/BED273D3-F558-48EF-9A1B-4248CFBEBEF8/Annual%20Report%20for%20Web.pdf
| archive-date=2016-03-03
| access-date=2021-05-19
}}
</ref>
 
== References ==
Retrieved from "https://en.wikipedia.org/wiki/NetObjects"