Revision as of 21:45, 19 May 2021 edit 151.197.52.254 (talk) →IBM decisions and sale of NetObjects: Wikilinked 'private placement' Tags: Mobile edit Mobile web edit ← Previous edit		Revision as of 21:47, 19 May 2021 edit undo 151.197.52.254 (talk) →IBM decisions and sale of NetObjects: Replaced 'cash reserves' with 'placement'. I cannot see where cash reserves fit in this narrative. This is not an accounting textbook. But 'cash reserves' was Wikilinked. Somebody must have thought it was important. I have given the "replacement by placement" its own change in case somebody wants to revert the improvement. Tags: Mobile edit Mobile web edit Next edit →
Line 330: }}</ref> NetObjects started to raise $50 million in a [[Private_placement\|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. 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

NetObjects: Difference between revisions