Allaire Corporation - ALLR- Profile

Allaire Corporation develops, markets and supports software for a wide range of Web development applications. The company has two product brands: HomeSite, an HTML design tool and ColdFusion, a leading cross-platform Web application development system. The company's products and services enable organizations to link their information systems to the Web, as well as to develop new Web-based business applications. Many global organisations use the products to create Web sites and Web applications in areas like electronic commerce, content management and personalization for Internet, Intranet and Extranet. The products and services are sold directly and indirectly through corporate sales force, domestic and international distribution, electronic commerce and business partners. The company has international operations in Europe and other countries. The company became publicly held in January 1999. Allaire completed mergers with Valto Systems, Live Software Inc and Bright Tiger Technologies Inc in 1999. During the year the company acquired Sesame from Bowne Internet Solutions and Kawa product from Tek-Tools, Inc. Software license fees accounted for 83% of 1999 revenues and software services, 17%.