Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


WebMethods turns a profit

Published on .

Fairfax, Va.--Bucking the money-losing trend among b-to-b Internet technology developers, integration software company webMethods Inc. turned a profit of $2.7 million in the fourth quarter, compared with a loss of $5.9 million a year earlier. Revenue totaled $59.4 million, up from $17.6 million in 1999. WebMethods' success can be attributed to, among other things, its aggressive international expansion, which protected it against the U.S. downturn. The company has launched Japanese and European initiatives. WebMethods' announcement comes several days after it declared its intention to buy IntelliFrame Corp., a New York-based competitor, for $31 million.
Most Popular
In this article: