NetObjects: Difference between revisions

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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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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.
 
== Products ==