ON Technology Corp.
The On Technology Corp. is a former company that created software for users of large IT installations. The company was registered in Munich .
history
The company originally emerged from the Starnberg company CSD GmbH and the Boston company On Technology , a capital joint venture between Boston investors and technology experts from Germany. The main product of On Technology Corp was the software distribution tool CSD Centralized Software Delivery , developed in Starnberg in the 1990s for the needs of Deutsche Telekom , which later developed into the product CCM - Comprehensive Client Management .
While the Starnberg-based company was developing software distribution measures and strategies, On Technology Corp. first a firewall and later a time management program, which was relatively successful in the USA under the name Meeting Maker . The Meeting Maker team was later made independent under a separate investor. The company continues to operate under the name PeopleCube and is still marketing the product independently.
On Technology's shares were traded on the NASDAQ New York Stock Exchange under the symbol ONTC . In 2003, Symantec acquired ONTC for $ 100 million. At the time of acquisition of On Technology by Symantec in 2003, the company produced about 200 employees at the former CCM Framework with iCommand CCM one of the most successful software and OS deployment tools in the world that Symantec under its own name Symantec LiveState Delivery marketed.
In 2005, in the course of outsourcing , software development in Germany and Boston was initially relocated to India, then later discontinued and the company completely dissolved.
Individual evidence
- ^ Announcement from Symantec about the cessation of stock trading on February 13, 2004 after completion of the takeover, on www.symantec.com (English) ( Memento from March 11, 2004 in the Internet Archive )
- ^ Announcement about the purchase offer on heise.de from October 28, 2003, accessed on February 8, 2008