NetObjects: Difference between revisions

Revision as of 22:31, 7 January 2014

Revision as of 23:08, 21 October 2014

Line 373:

}}</ref>

NetObjects started a raise of an additional $50 million in a private placement with [[Deutsche Bank]], the [[Reserve (accounting)|cash reserves]] which was not approved by IBM's NetObjects Board. 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