April 20, 2014 6:19 PM ET

Internet Software and Services

Company Overview of Art Technology Group, Inc.

Company Overview

As of January 5, 2011, Art Technology Group, Inc. was acquired by Oracle Corporation. Art Technology Group, Inc. provides eCommerce software and related on demand commerce optimization applications. It offers commerce platform and business applications, such as ATG Commerce, a cross-channel commerce platform and software application; ATG Optimization, an integrated set of on-demand commerce optimization solutions; and ATG Catalyst, a program that enables customers and partners to access and exchange code, insights, and extensions to ATG commerce suite. The company also provides professional, optimization, and commerce and optimization support services. It offers its products and services in ...

One Main Street

Suite 7

Cambridge, MA 02142-1599

United States

Founded in 1991

545 Employees

Phone:

617-386-1200

Fax:

617-386-1111

Key Executives for Art Technology Group, Inc.

Art Technology Group, Inc. does not have any Key Executives recorded.

Art Technology Group, Inc. Key Developments

Art Technology Group Inc. Wins 2010 Shareholder Lawsuit Challenging Fairness of Buyout Offer from Oracle

Art Technology Group Inc. won dismissal of a 2010 shareholder lawsuit challenging fairness of a buyout offer from Oracle Corp. Investors sued in Delaware Chancery Court seeking more money than Oracle s $1 billion, $6-a-share offer for Art Technology, a 46% premium at the time. The buyout was completed in January 2011. The complaint does not allege any reasonably conceivable set of facts under which the sole interested director dominated or controlled the outside directors. In the complaint, plaintiffs lawyers noted that to facilitate the buyout, Art Technology's directors amended the company s poison-pill takeover defense to exclude Oracle and the proposed transaction.

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