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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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NetObjects started to raise $50 million in a [[private placement]] with [[Deutsche Bank]]. But IBM, which controlled the NetObjects Board, did not approve the 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
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