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Open Market was an ecommerce startup, founded in Cambridge, Massachusetts in early 1994. It went public in 1996 on the Nasdaq exchange under the symbol OMKT, as one of the first ecommerce IPOs. It relocated to Burlington, Massachusetts in early 1998. Open Market was later acquired by Divine in 2001 for about $59 million. Divine later filed for bankruptcy in early 2003. FatWire Software acquired Open Market's content management assets from the Divine bankruptcy. FatWire has extended the Open Market software and currently services Open Market's original content management customer base. Soverain Software acquired Open Market's ecommerce assets, including the TRANSACT product.
Products & Technology Open Market developed a number of software products, including: Open Market also invented FastCGI, a high-performance variant of the CGI interface. FastCGI was first implemented in Open Market's Web server products, but versions have since been developed for many other Web servers. | ||||||||
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