Actuate Corporation Explained

Actuate Corporation
Type:Subsidiary
Traded As:NASDAQ:
Location:San Mateo, California, United States
Num Employees:570
Parent:OpenText
Revenue: US$134.6 million (FY 2013)[1]
Operating Income: US$23.4 million (FY 2013)
Net Income: US$16.7 million (FY 2013)
Assets: US$196.1 million (FY 2013)[2]
Equity: US$128.8 million (FY 2013)
Industry:Computer Software, Business Intelligence, Enterprise Reporting, Business Analytics
Area Served:Worldwide
Products:BIRT, BIRT iHub, BIRT iHub F-Type, BIRT Analytics, Actuate Customer Communications Suite
Homepage:www.opentext.com/what-we-do/products/analytics/

Actuate Corporation is a reporting, analytics and customer communications software company based in San Mateo, California, part of the San Francisco Bay Area and Silicon Valley. The company’s software is intended for use in the finance, government, manufacturing, telecommunications, and healthcare industries, among others.

History

Actuate Corporation was founded in 1993.

The company is known for its creation of the open source 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 for approximately $163 million.[3] [4] [5]

Locations

Actuate Corporation had offices across the U.S. and in Toronto, London, Paris, Frankfurt, Barcelona, Fribourg, Singapore, Tokyo and Sydney.

Further reading

Notes and References

  1. https://web.archive.org/web/20111210154423/http://www.wikinvest.com/stock/Actuate_(BIRT)/Data/Income_Statement Actuate (BIRT) annual SEC income statement filing via Wikinvest
  2. https://web.archive.org/web/20111210165440/http://www.wikinvest.com/stock/Actuate_(BIRT)/Data/Balance_Sheet Actuate (BIRT) annual SEC balance sheet filing via Wikinvest
  3. Web site: 2015-01-16. OpenText Buys Actuate Corporation - OpenText. 2016-07-29. en-US.
  4. News: staff. Record. 2014-12-05. OpenText buying analytics software provider for $330 million US. en-CA. TheRecord.com. 2018-06-01.
  5. News: Dulaney. Chelsey. 2014-12-05. Open Text to Buy Actuate for $330 Million. en-US. Wall Street Journal. 2018-06-01. 0099-9660.