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Home > Company Index > Computer Software & Services > Internet & Intranet Software & Services > Sequoia Software Corporation

Sequoia Software Corporation
 PROFILE
Sequoia Software hopes to become the tallest tree in the e-business forest. Its XML Portal Server (XPS) lets companies organize information from disparate sources, publish it online, and index it so users can search for specific information. XPS is based on eXtensible Markup Language (XML), a more flexible cousin of HTML that is gaining steam as a standard for business-to-business transactions. Sequoia, which is a subsidiary of networking software provider Citrix Systems, also offers installation and other support services (40% sales). The company has marketing and technology ties to Microsoft. Sequoia's largest customer is Blue Cross/Blue Shield of Minnesota (24% of sales).

 DEALS
Deal: Citrix to Buy Sequoia
Date Announced: 03.21.01
Value of transaction (US $Mil): 184.6
Description: Application server software maker agrees to acquire XML-based portal software maker for $184.6 million in cash.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 19.70
1-Yr. Sales Growth: 134.5%
Employees: 226
Revenue per employee: $87,168.14

 KEY PEOPLE
• Richard C. Faint
    CEO
• Gregory G. Heard
    CFO

 CONTACT INFO
5457 Twin Knolls Rd.
Columbia, MD 21045
US
Phone: 410-715-0206
Fax: 410-715-6835
Online: Web Site

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