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   Technology Stocksdivine interVentures, Inc. (DVIN)


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To: Glenn Petersen who wrote (189)3/8/2002 7:45:18 AM
From: AV8R
   of 246
 
Thursday March 7, 10:09 pm Eastern Time
Divine Posts Narrower 4th-Quarter Amid Surge in Revenue

CHICAGO -- Divine Inc. posted a narrower loss in the fourth quarter amid a sharp rise in revenue.

The technology provider and consultant late Thursday reported a net loss of $ 179.9 million, or 65 cents a share, compared with net income of $239.2 million, or $1.79 a share, a year earlier.

Divine (DVIN) said that excluding operating expenses of $80.2 million primarily related to impairment, acquisition-related costs and stock-based compensation, the company's operating loss was $75.6 million. Of the total $ 155.8 million operating loss, $88.4 million was in noncash charges.

Revenue increased to $80.5 million from $13.1 million a year earlier.

Divine attributed its revenue growth to several acquisitions, which the company said should position it for achieving profitability by the fourth quarter of 2002.

At Dec. 31 , Divine had about $140.7 million in cash and securities, as well as $203.8 million in accounts receivable.

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To: Glenn Petersen who wrote (189)3/11/2002 5:51:08 PM
From: AV8R
   of 246
 
Monday March 11, 2:25 pm Eastern Time
Press Release
SOURCE: divine, inc.
divine Participant Server 4.0 Enables Transparency Across the Extended Enterprise
New Version's Improved Integration With Microsoft Word and Dreamweaver and New PowerCode Elements Allow Business Users and IT Managers Greater Control Of Content Across the Enterprise
CHICAGO, March 11 /PRNewswire-FirstCall/ -- divine, inc., (Nasdaq: DVIN - news), a leading provider of solutions for the extended enterprise, today announced the availability of divine Participant Server(TM) 4.0, one of two content management solutions released by the company today (for more information on divine Content Server(TM) please see separate release). divine Participant Server 4.0 empowers business users to create, update and publish content via interfaces that are transparent to their everyday work environment. It also includes capabilities to support greater integration with legacy and Web applications, as well as tighter integration with Microsoft Word and Dreamweaver.

``Using Participant Server for content management, we have been able to create an intuitive, dynamic communication channel that keeps customers, prospects and shareholders up-to-date on the latest corporate developments,'' said David Holden, Eastman Chemical Company, director of eCommerce and Supply Chain Systems. ``Our business users can update and publish content and we're able to easily reinforce a standard navigation system throughout the site. In addition, the product's open architecture integrates with our existing infrastructure including our e-commerce application.''

divine Participant Server empowers the business user to own and manage the content distribution process, ensuring that information remains relevant and timely. In addition to its standard easy-to-use content templates and drag and drop content functionality that enables a consistent look and feel, divine Participant Server 4.0 includes the following:

-- Integration with Macromedia Dreamweaver - Web designers now have more
control over the look and feel of the site, implementing template
changes and greater design functionality through the integration with
Dreamweaver.

-- PowerCode Elements - PowerCode Elements give Web developers the
ability to build powerful, reusable programming components in
VBScript or Java that integrate with legacy and Web applications. It
dramatically improves the power, flexibility and simplicity of Web
pages managed in Participant Server for more complex applications.

-- Enhanced Integration with Microsoft Word - The integration enables
users to create content in Microsoft Word and maintain the look and
design of the content once it is copied to HTML.

-- Discussion Groups - Participant Server now fully supports posting and
online chat groups.

``divine Content Management solutions provide transparent interfaces that allow business users to work the way they are already working, without burdening the user to implement and adopt new models,'' said Joe Forgione, senior vice president and general manager, content management at divine. ``divine Participant Server empowers business users to play a major role in content management and therefore ensures that the most relevant and accurate information is distributed to the organization's many audiences.''

Also announced today is divine Content Server 4.0 (see separate release), which raises the standard for content management performance and usability by enabling transparent content authoring, integration, management and delivery throughout the enterprise. divine Content Server 4.0 delivers important new features that build upon its already industry-leading functionality, flexibility and scalability, including the ability to author content in Microsoft Word; power user enhancements such as one-click access to common content management tasks; a re-worked, efficient, intuitive interface and workflow enhancements.

Complete Content Management and Delivery Support

divine also provides comprehensive professional services, managed services and complementary technology to support customers' content management initiatives. divine Professional Services offers solutions to best leverage divine Participant Server throughout the enterprise because the effective execution of content management means more than just choosing the right application. divine Managed Services can implement divine Participant Server economically, in a state-of-the-art environment that is scalable, reliable and secure. Also with the launch of version 4.0, divine provides further support for XML Web services standards, providing a platform for the integration and interoperability of divine's content delivery, collaboration and customer interaction solutions.

divine Participant Server 4.0 is available immediately from divine on Windows NT, Windows 2000 and Sun Solaris 2.8. Discounts for volume purchases and deployment licenses are available. To get more information on divine Participant Server, call 866-999-3846 or visit divine's Web site, www.divine.com .

About divine, inc.

divine, inc., (Nasdaq: DVIN - news) is focused on extended enterprise solutions. Through professional services, software services and managed services, divine extends business systems beyond the edge of the enterprise throughout the entire value chain, including suppliers, partners and customers. divine offers single-point accountability for end-to-end solutions that enhance profitability through increased revenue, productivity and customer loyalty. The company provides expertise in collaboration, interaction and knowledge solutions that enlighten, empower and extend enterprise systems.

Founded in 1999, divine focuses on Global 5000 and high-growth middle market firms, government agencies and educational institutions and currently serves over 20,000 customers. For more information, visit the company's Web site at www.divine.com .

divine is a trademark of divine, inc. All other trademarks, trade names and service marks referenced herein are the properties of their respective companies.

SOURCE: divine, inc.

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To: AV8R who wrote (191)3/13/2002 7:38:21 AM
From: AV8R
   of 246
 
Wednesday March 13, 7:31 am Eastern Time
Press Release
SOURCE: divine, inc.
divine Signs Definitive Agreement to Acquire Delano Technology Corporation
Combination Enhances divine's Customer Interaction Management Solutions And Provides Strategic Opportunity for Delano's State-of-the-Art Marketing Automation and Campaign Management Technology
CHICAGO and TORONTO, Ontario, March 13 /PRNewswire-FirstCall/ -- divine, inc., (Nasdaq: DVIN - news), a leading provider of solutions for the extended enterprise, and Toronto-based Delano Technology Corporation (Nasdaq: DTEC - news; TSE: DLN - news), a marketing solutions company, today announced that divine has signed a definitive agreement to acquire Delano. Under the terms of the stock-for-stock merger agreement, approved by the Board of Directors of each company, divine will acquire all of the outstanding shares of Delano common stock for a fixed exchange rate in which divine will issue 1.1870 divine shares for each share of Delano common stock, which equates to approximately 51.55 million divine shares. The transaction is expected to be a tax-free, stock-for-stock exchange. The deal, which will be structured as a plan of arrangement under Canadian law, will be subject to customary regulatory and court approvals, as well as the approval of Delano's shareholders. Shareholders holding approximately 13 percent of Delano's outstanding shares have already agreed to vote in favor of the transaction.

``Today's extended enterprises must engage in holistic conversations with their customers, seamlessly managing proactive, outbound campaigns and inbound service requests,'' said George Landgrebe, president of divine Software Services. ``Delano's strength in providing solutions that help companies proactively communicate with their customers and partners via email and the Internet complements perfectly divine's existing customer interaction management (CIM) solutions. We see enormous opportunity in the rapidly growing Campaign Management/eMarketing segment, which some analysts predict could reach more than $2 billion by 2003. Delano also deepens our presence in key vertical markets, including financial services, automotive and entertainment, and provides divine with an outstanding talent base in the Toronto market.''

Combined with divine's CIM offerings, the acquisition of Delano positions divine as an industry leader in providing fully integrated multi-channel e-marketing, inbound and outbound interaction management, self service and campaign management. The divine solution suite encompasses telephony and Internet-based campaign management, as well as inbound call center and contact center management. The Delano Marketing Velocity suite of applications leverages e-mail, the Web, and knowledge management technology to deliver ongoing, personal interactions with customers, via one-to-one marketing campaigns, interactive surveys, and personalized newsletters. In addition, Delano's software platform, the Delano e-Business Interaction Suite, provides a flexible and scalable open-standards architecture that will accelerate divine's Web services-based application interoperability strategy. divine also announced today an agreement with Delano Technology allowing divine's global sales and professional services delivery organizations to immediately sell Delano solutions.

``Delano has successfully differentiated itself as a provider of extremely sophisticated interaction management solutions at low total cost, yet we have lacked the scale to take full advantage of the assets we have,'' said Vikas Kapoor, chief executive officer of Delano. ``Customers are now demanding comprehensive integrated suites. This merger is a strategic opportunity for Delano to realize the full potential of our technology while leveraging divine's leading extended enterprise solutions, as well as its strong sales and professional services organizations.''

Toronto-based Delano's customers include industry-leading Fortune 500 and Global 2000 companies such as Compaq, Warner Music Group, Ericsson, Amdocs, Charles Schwab, Mackenzie Financial, United Way, YMCA, and DaimlerChrysler. Delano generated revenue of $18 million during calendar year 2001 and had cash on hand of $12.6 million on Dec. 31, 2001.

divine Chairman and CEO Andrew ``Flip'' Filipowski and Kapoor will participate in a conference call with reporters and analysts today at 1 p.m. Central/2 p.m. Eastern. To participate, call 888.469.0867 or 630.395.0127. The pass code is ``divine.'' The leader is Anne Schmitt.

About Delano Technology Corporation

Delano Technology Corporation is a marketing solutions company offering state-of-the-art interaction-based e-business and CRM solutions for the enterprise. Delano's applications deliver the fastest, most effective and customized way to interact with customers at the lowest cost. Delano's customers are industry-leading Fortune 500 and Global 2000 Enterprises and include Compaq, Warner Music Group, Ericsson, Amdocs, Charles Schwab, Mackenzie Financial, United Way, YMCA, and DaimlerChrysler. Delano is headquartered in Toronto, Canada.

About divine, inc.

divine, inc., (Nasdaq: DVIN - news) is focused on extended enterprise solutions. Through professional services, software services and managed services, divine extends business systems beyond the edge of the enterprise throughout the entire value chain, including suppliers, partners and customers. divine offers single-point accountability for end-to-end solutions that enhance profitability through increased revenue, productivity, and customer loyalty. The company provides expertise in collaboration, interaction, and knowledge solutions that enlighten, empower and extend enterprise systems.

Founded in 1999, divine focuses on Global 5000 and high-growth middle market firms, government agencies, and educational institutions, and currently serves over 20,000 customers. For more information, visit the company's Web site at www.divine.com .

The statements contained in this news release that are forward-looking are based on current expectations that are subject to a number of uncertainties and risks, and actual results may differ materially. The uncertainties and risks include, but are not limited to: failure of the proposed transaction to close due to the failure to obtain shareholder and other necessary approvals; divine's ability to become cash flow positive before it depletes its cash reserves; divine's ability to maintain the Nasdaq National Market listing for its common stock; the risk that Delano's business and other businesses acquired by divine will not be integrated successfully or that divine will incur unanticipated costs of integration; divine's ability to execute its integrated Web-based software services, professional services, and managed services strategy; the uncertainty of customer demand for enterprise Web software and services; the combined company's ability to develop new products and services and enhance and support existing products and services; the combined company's ability to maintain Delano's vendor and strategic partner relationships and retain key employees; increasing competition from other providers of software solutions and professional services; fluctuations in the trading price and volume of divine's stock; and other unanticipated events and conditions. For further information about these and other risks and uncertainties please review the disclosure under the captions ``Risk Factors'' and ``Special Note on Forward-Looking Statements'' in divine's Registration Statement on Form S-3 filed with the SEC dated January 22, 2002, as amended from time to time, and divine's and Delano's most recent respective Forms 10-K, 10-Q, and 8-K filed with the SEC.

divine is a trademark of divine, inc. All other trademarks, trade names and service marks referenced herein are the properties of their respective companies. Delano, Velocity Marketing and e-Business Interaction Suite are trademarks of Delano Technology International SRL.

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To: AV8R who wrote (192)3/14/2002 6:39:41 AM
From: AV8R
   of 246
 
3/13 Bloomberg interview with DVIN CEO:

media5.bloomberg.com:443/cgi-bin/getavfile.cgi?A=19423673

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To: AV8R who wrote (193)4/4/2002 3:31:10 PM
From: StormRider
   of 246
 
divine NetAgent Named Product of the Year 2001 by Customer Inter@ction Solutions

CHICAGO, April 4 /PRNewswire-FirstCall/ -- divine, inc., (Nasdaq: DVIN - news), a leading provider of solutions for the extended enterprise, today announced that the divine NetAgent(TM) Suite has been named a Customer Inter@ction Solutions® Product of the Year for 2001. The award honors innovative products that have made exemplary contributions to the contact center and CRM industries.

An integral component of divine's Customer Interaction Management solutions and services, the divine NetAgent Suite of premier customer management applications provides a unified interface for organizing and managing email, CTI-based voice and live Web chat. The NetAgent suite enables contact centers to provide customers with the easiest, most helpful Web experience possible, driving higher online revenues and increased customer satisfaction while reducing operational costs.

``Businesses today are looking to find effective solutions that can help them move ahead by providing tools that enhance operating efficiencies while improving quality, as well as assist them in the quest to retain current customers and gain new ones,'' said TMC president and group publisher Rich Tehrani. ``Customer Inter@ction Solutions magazine initiated the Product of the Year award program to help our readers sort through the vast proliferation of new products in the marketplace. The Product of the Year award, selected by the editors of Customer Inter@ction Solutions and the engineers of TMC Labs, is given to those select solutions, such as the divine NetAgent Suite, that deserve the attention of forward-thinking organizations looking for best-of- breed solutions. We are pleased to honor the Product of the Year winners, as they lay the groundwork for the next generation of communications solutions.''

ClientLogic, an international provider of integrated customer management services, has deployed divine NetAgent EMAIL to enable its customer care agents to easily and efficiently provide email response and real-time online interaction to support its many large clients.

``These days you can't simply sell one product to a customer; you have to build a relationship with that customer that will last for a lifetime,'' said Harvey Garrett, Director of Solution Planning at ClientLogic. ``divine NetAgent helps us develop those relationships with its sophisticated email response functionality, including auto-acknowledge features to inform each sender that his or her e-mail has been received, routing rules to handle e-mail placement, and predefined categories and queues to route each e-mail message to the most appropriate agent. divine NetAgent performs exceptionally well, handling hundreds of thousands of emails per month.''

divine NetAgent is one component of the fully integrated divine Customer Interaction Management solution suite, which encompasses telephony and Internet-based campaign management, as well as inbound call center and contact center management. For more information about divine NetAgent or divine's other interaction management solutions, call 866-999-3846, or visit www.divine.com.

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To: AV8R who wrote (193)4/4/2002 8:16:40 PM
From: StormRider
   of 246
 
what's going on with this stock? seems like it keeps going down even though there has been a lot of good news lately!

what gives?

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To: StormRider who wrote (195)4/5/2002 9:06:54 AM
From: AV8R
   of 246
 
I think everyone has conceded that a reverse split is going to be required. I sold all my shares and plan on re-entering post split.

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To: AV8R who wrote (196)4/5/2002 9:57:14 AM
From: StormRider
   of 246
 
why? this bites!

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To: StormRider who wrote (197)4/5/2002 10:33:58 AM
From: Sr K
   of 246
 
Nothing has changed, from prior to the IPO this was always in a downtrend, and only is worth the present value of the cash on hand that won't get dissipated.

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To: Glenn Petersen who started this subject4/5/2002 11:51:36 AM
From: Glenn Petersen
   of 246
 
Viant Accepts $96M divine Intervention
By boston.internet.com Staff

boston.internet.com

divine (NASDAQ:DVIN), a Chicago incubator turned software seller, will buy Viant (NASDAQ:VIAN), a Boston Internet consultant, in a deal uniting one-time Internet high-fliers who have had to adapt to survive.

The stock transaction is valued at $96 million ( 3.997 shares of divine for each share of Viant). Another $24 million cash could be added to the purchase price if certain conditions are met.

"Viant's expertise in deploying collaborative technology solutions that enable knowledge sharing with customers, partners and employees represents a perfect strategic fit with divine's solutions for the extended enterprise," said Andrew 'Flip' Filipowski, divine's chairman and CEO.

In addition, Viant provides divine with a significant (albeit smaller in recent years) new consulting presence in the Northeast.

"We see this combination with divine as providing even greater resources and enhancing the services and solutions we can deliver. In particular, we see great opportunities to leverage divine's international capabilities and product offerings to better serve our clients," said Bob Gett, Viant's chairman and CEO.

Viant was founded in 1996 and like others in the sector raced to a fast start designing sites for venture-rich startups. When the dot-com crash came, however, many of its clients failed and Viant found itself overextended.

It jettisoned employees and real estate and focused on signing large, stable clients, a difficult task with a stumbling economy. The company currently has operations in Boston, Los Angeles, and New York.

For divine, the Viant deal is the latest in a Bay State shopping spree. Earlier this year it bought Cambridge, Mass., search engine Northern Light.

In May it paid $19 million for RoweCom, of Westwood and four months later ponied up $43.2 million for Eprise, of Framingham.

April 5, 2002

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