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Home > Company Index > Computer Software & Services > Networking & Connectivity Software > IONA Technologies PLC

IONA Technologies PLC
Nasdaq: IONA
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 PROFILE
IONA Technologies has a fascination with integration. The company sells application server software and development tools for creating and managing e-business and enterprise applications. IONA's application integration software lets customers incorporate products from leading vendors such as SAP, PeopleSoft, and Siebel Systems into their legacy systems. IONA's customers include corporations in the telecommunications (Nortel), finance (Swiss National Bank), manufacturing (Boeing), travel (Sabre), and health care (Baxter International) markets. IONA is expanding globally through acquisitions; 74% of its sales come from outside Europe. Morgan Guaranty Trust owns 68% of the company.

 COMPETITION
BEA Systems, Inc. (BEAS)
Candle Corporation (dossier)
Oracle Corporation (ORCL)

 DEALS
Deal: IONA Acquires Netfish Technologies in All-Stock Transaction
Date Announced: 02.15.01
Value of transaction (US $Mil): 270
Description: Net mainframe software developer acquires XML-based b-to-b process collaboration solutions provider in an all-stock transaction valued at $270 million.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 153.10
1-Yr. Sales Growth: 45.3%
Employees: 771
Revenue per employee: $198,573.28

 KEY PEOPLE
• Barry Morris
    CEO
• Daniel Demmer
    CFO

 CONTACT INFO
The IONA Bldg., Shelbourne Rd., Ballsbridge
Dublin 4, Ireland
Phone: 353-1-637-2000
Fax: 353-1-637-2888
Online: Web Site

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