Feeds

Marimba prepares for IPO

Once-feted push provider capitalises on new corporate application management focus

  • alert
  • submit to reddit

Top three mobile application threats

Marimba, the once much-hyped Java push technology developer, is set to announce an initial public offering, according to sources quoted in US finance paper The Red Herring. The company is believed to be near to completing its IPO prospectus, though the size of the offering has yet to be set. Morgan Stanley and Hembrect & Quist are thought to be underwriting the stock issue. Formed in 1996 by a band of former Sun Java developers, Marimba quickly became Silicon Valley Flavour of the Month thanks to its clever Castanet push software and highly photogenic president CEO Kim Polese. Castanet differed from other push applications, such as PointCast, by delivering to users' desktops not information per se, but the Java applets that presented that data. The company was very quick to see wider uses for the technology beyond pushing news and horoscopes across the Web -- even in the early days, Polese was suggesting that Castanet could be used to deliver Java applications and updates to those applications across corporate networks, what it calls "application distribution and management". When push failed to take-off, Marimba changed its course to favour the corporate market, and has, over the last couple of years, avoided the limelight, done its damnedest to distance itself from all the early push technology hype and concentrated on building sales. Current customers include Compaq's Web subsidiary Alta Vista, Intuit, Ingram Micro, Seagate, Nortel, Bay Networks, Sun and the US DIY retail chain Home Depot. So far, Marimba has been funded to the tune of $18.5 million from venture capitalists, Wall Street investors and IT firms. ®

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.