Actuate Corporation is a
public
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...
ly traded reporting, analytics and customer communications
software
Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work.
At the lowest programming level, executable code consist ...
company based in
San Mateo, California
San Mateo ( ; ) is a city in San Mateo County, California, on the San Francisco Peninsula. About 20 miles (32 km) south of San Francisco, the city borders Burlingame to the north, Hillsborough to the west, San Francisco Bay and Foster ...
, part of the
San Francisco Bay Area
The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area G ...
and
Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Cou ...
. The company’s software is intended for use in the
finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of f ...
,
government
A government is the system or group of people governing an organized community, generally a state.
In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government i ...
,
manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...
,
telecommunication
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that ...
s, and
healthcare
Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health pro ...
industries, among others.
History
Actuate Corporation was founded in 1993.
The company is known for its creation of the
open source
Open source is source code that is made freely available for possible modification and redistribution. Products include permission to use the source code, design documents, or content of the product. The open-source model is a decentralized so ...
Eclipse BIRT business data reporting project launched by the Eclipse Foundation in 2004.
BIRT iHub F-Type is a freemium software product released by Actuate on July 10, 2014.
In 2015, Actuate Corporation was acquired by
OpenText
OpenText Corporation (also written ''opentext'') is a Canadian company that develops and sells enterprise information management (EIM) software.
OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's fourth-largest software company ...
for approximately $163 million.
Locations
Actuate Corporation had offices across the U.S. and in
Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anch ...
,
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
,
Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...
,
Frankfurt
Frankfurt, officially Frankfurt am Main (; Hessian: , " Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on it ...
,
Barcelona
Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within c ...
, Fribourg, Singapore, Tokyo and Sydney.
References
Further reading
*Actuate acquires legodo ag https://www.constellationr.com/content/actuate-acquires-legodo-ag
*Actuate acquires Quiterian http://www.mrweb.com/drno/news16288.htm
*Actuate acquires Xenos http://www.destinationcrm.com/Articles/CRM-News/Daily-News/Actuate-Releases-Enhanced-Reporting-Acquires-Xenos-Group-60285.aspx
*The story of Actuate's
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
: {{Cite book , title= The Nudist on the Late Shift , last= Bronson , first= Po , author-link= Po Bronson , year= 1999 , publisher= Random House , location= New York , isbn= 0-375-50277-7 , chapter= Chapter 2: The IPO , pages= 40–77 , url= https://books.google.com/books?id=y4O1AAAAIAAJ
Business intelligence companies
Analytics companies
Eclipse technology
Free software companies
Software companies based in the San Francisco Bay Area
Companies formerly listed on the Nasdaq
Companies based in San Mateo, California
Companies established in 1993
1993 establishments in California
Defunct software companies of the United States