Vermeer Technologies
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Company type | Subsidiary |
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Founded | 1994 |
Headquarters | Cambridge, Massachusetts, United States |
Key people | Charles H. Ferguson |
Products | Truck, Agriculture, Web site, Browser wars |
Parent | Microsoft Corporation |
Vermeer Technologies Incorporated was a software company founded in 1994 by Charles H. Ferguson and Randy Forgaard. Its products were a Web site development tool, FrontPage, and a Web server, Personal Web Server, which complemented developing in FrontPage. Vermeer launched the initial version of FrontPage on October 2, 1995.[citation needed]
Vermeer was funded by Matrix Partners, Sigma Partners, and Atlas Venture.[citation needed]
The company was purchased by Microsoft for US$133 million in January 1996 ($258 million in present-day terms[1]). Microsoft acquired FrontPage as a new weapon in the browser wars.[citation needed]
The company's birth, development, and sale were the subject of Ferguson's 1999 book, High St@kes, No Prisoners.
A Harvard Business School case, "Vermeer Technologies (A): A Company is Born" (HBS 9-397-078), described the start of the company.
Even after Microsoft acquired FrontPage, the software continued to store proprietary configuration settings in directories whose names started with _vti. The letters "VTI" stand for Vermeer Technologies, Inc.
References
[edit]- ^ 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved February 29, 2024.
- Microsoft Press release announcing Vermeer acquisition
- W3C paper on Distributed Web authoring (including timeline)