BNET Industries

Market Cap:$222.5M
Last Fiscal Year Sales:$130.9M
  • Public
  • US
Dow Jones Description

Actuate provides the most flexible and high-performance reporting capabilities for any application in the enterprise. Customers use Actuate to deliver information in context to users inside and outside the firewall through Performance Management, Customer Interaction, and Operational Performance Reporting applications.

President & CEOPeter I. Cittadini
Number of Employees 533
Contact Information

2207 Bridgepointe Parkway

Suite 500

San Mateo, California 94404

www.actuate.com

888-422-8828

NAICS Code Software Publishers: 511210

Recent Events

  • Actuate reports weak first quarter

    5/05/09 - Financial Announcement - View Story

  • Actuate To Announce First Quarter 2009 Financial Results on April 30th, 2009

    4/02/09 - Financial Announcement - View Story

  • Actuate and BIRT Exchange Launch Actuate BIRT Global Partner

    3/23/09 - Product Announcement - View Story

  • Actuate and BIRT Exchange Launch Actuate BIRT Global Partner Connection at EclipseCon 2009

    3/23/09 - Product Announcement - View Story

  • Actuate and ClusterSeven to Offer e.Spreadsheet Users Increased Security, Corporate Data...

    3/02/09 - Joint Venture / Alliance - View Story

  • Actuate BIRT Enhances Ciscos Secure Access Control System ACS

    2/09/09 - Licensing / Contract - View Story

  • Actuate Reports Fourth Quarter and Fiscal Year 2008 Financial Results

    2/02/09 - Financial Announcement - View Story

News & Analysis

actuate corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Peter I. Cittadini President & CEO
Dan Gaudreau CFO & Senior Vice President, Finance, Admin
Thomas J. Ryan CIO & Vice President, Customer Service
Ilene M. Vogt Senior Vice President, Worldwide Operations
Mark A. Coggins Senior Vice President, Engineering
Nobby Akiha Senior Vice President, Marketing
Ron Matusof Senior Vice President, Products and Solutions
Bill Robinson Vice President, Operations, N America
Claudia Dent Vice President, Product Management
Dave Armstrong Vice President, Operations, North America
John Bow Vice President, OEM Business
John Maxwell Vice President, Intl Operations
Mike Thoma Vice President, Prod Marketing
Nola Hague Vice President, Developer Communications
Philip Strauss General Counsel & Vice President
Rajeev Raman Vice President, Product Development
Thomas McKeever General Counsel & Vice President, Corp Development
William P. Garvey General Counsel and Vice President, Corporate Development
Helena Winkler Marketing Director
Philip Hogue Director, Product Marketing
Richard Bell Director, Channels, N America
Richard Guth Senior Director, Solutions Marketing
Steven D. Whiteman Director, Unify Corporation
Tom Stafford Director, Reporting Engines
Bruce M. Twito Manager, Software Development
Graham Jones Country Manager
Keren Ackerman Manager, Investor Relations
Tracy Tan Manager, Online Marketing
Arthur C. Patterson Director
Nancy J. Schoendorf Investor

Board of Directors

Name (plus bio) Position
NICO NIERENBERG Chairman of the Board and Chief Architect
George B. Beitzel Board of Directors
George Hara Board of Directors
Kenneth E. Marshall Board of Directors
Nicolas C. Nierenberg Board of Directors
Organization Position Status
Actuate Corporation President & CEO Current
Actuate Corporation Board of Directors Current
Syncata Corporation Director Former
Organization Position Status
Actuate Corporation CFO & Senior Vice President, Finance, Admin Current
Actuate Corporation Board of Directors Current
Chordiant Software, Inc. Board of Directors Current
Ready Systems Chief Financial Officer Former
Plantronics, Inc. Chief Financial Officer Former
Plantronics, Inc. Vice President, Finance and Administration Former
Ready Systems Vice President, Finance and Administration Former
Clarkson University Bachelor of Science Degree In Industrial Management Former
Organization Position Status
Awarepoint Corporation Chairman of the Board and Chief Architect, Actuate Current
Actuate Corporation Chairman of the Board and Chief Architect Current
Awarepoint Corporation Board of Directors Current
Databeacon Board of Directors Current
Awarepoint Corporation CEO Former
Unify Corporation CEO Former
Actuate Corporation CEO Former
Actuate Software Corporation CEO Former
Unify Corporation Cto Former
Actuate Software Corporation founder Former
Unify Corporation founder Former
Accel Partners Entrepreneur-In-Residence Former
Science Applications International Corporation Applications Developer Former
University of California, San Diego Former
University of California, Los Angeles Former
Organization Position Status
Actuate Corporation CIO & Vice President, Customer Service Current
Ontario Securities Commission Chair Current
Appmail, LLC Former
SEDAR Former
San Francisco State University BS Degree in Computer Science Former

Ilene Vogt has been active in the sale of hardware and software to the computing industry for almost 20 years. As senior vice president of Worldwide Operations, Ilene is responsible for direct corporate sales and consulting and educational services around the globe. Ilene joined Actuate in 1995. Before arriving at Actuate, Ilene was Southern California-area sales manager at Interleaf, Inc. and sales director of the Western region for Interface Group. Ilene earned a Bachelor of Sciences degree from Ithaca College.

Organization Position Status
Actuate Corporation Senior Vice President, Worldwide Operations Current
Interleaf Area Sales Manager Former
Ithaca College Bachelor of Sciences Degree Former
Organization Position Status
Actuate Corporation Senior Vice President, Engineering Current
Silicon Valley Product Group Current
VeriSign, Inc. vice president of engineering Former
Organization Position Status
Actuate Corporation Senior Vice President, Marketing Current
Organization Position Status
Actuate Corporation Senior Vice President, Products and Solutions Current
Organization Position Status
Actuate Corporation Vice President, Operations, N America Current
Organization Position Status
Actuate Corporation Vice President, Product Management Current
Organization Position Status
Actuate Corporation Vice President, Operations, North America Current
Organization Position Status
Actuate Corporation Vice President, OEM Business Current
Organization Position Status
Actuate Corporation Vice President, Intl Operations Current
Organization Position Status
Actuate Corporation Vice President, Prod Marketing Current
Organization Position Status
Actuate Corporation Vice President, Developer Communications Current
Organization Position Status
Actuate Corporation General Counsel & Vice President Current
Shearman & Sterling Llp Former
Duke University J.D. Former
University of California, Berkeley MBA Former
Emory University B.A. in International Relations Former
Organization Position Status
Actuate Corporation Vice President, Product Development Current
Organization Position Status
Actuate Corporation General Counsel & Vice President, Corp Development Current

Bill Garvey has over 10 years of legal experience in various high tech industries. Bill joined Actuate in 1994 as the company's first General Counsel and has served as General Counsel and Vice President, Corporate Development since 2002. Prior to joining Actuate, Bill was an associate at the law firm of Brobeck, Phleger & Harrison where he represented a number of private and public high tech companies and completed numerous mergers and acquisitions, IPOs and venture capital transactions. Earlier in his career, he was an aviation officer in the United States Army. Bill holds a B.S. in Applied Science and Engineering from the United States Military Academy and a J.D. from Stanford Law School.

Organization Position Status
Actuate Corporation General Counsel and Vice President, Corporate Development Current
Rackable Systems, Inc. General Counsel, Vice President, Corp Development & Secretary Current
Brobeck, Phleger & Harrison associate Former
Stanford Law School J.D. Former
United States Military Academy B.S. In Applied Science and Engineering Former
Organization Position Status
Actuate Corporation Marketing Director Current
Organization Position Status
Actuate Corporation Director, Product Marketing Current
Actuate Corporation Director, Product Marketing Former
Organization Position Status
Actuate Corporation Director, Channels, N America Current
Actuate Corporation Director, Channels, N America Former
Organization Position Status
Actuate Corporation Senior Director, Solutions Marketing Current
Actuate Corporation Senior Director, Solutions Marketing Former

Steve Whiteman has served as a director of the Company since May 1997. Mr. Whiteman currently serves as the President and CEO of Intesource, an Internet-based procurement service specifically for the food industry. From June 2000 to October 2000, Mr. Whiteman served as acting chief executive officer and acting chief financial officer of Unify. Previously, Mr. Whiteman served at different times as president, chief executive officer and director, and chairman of the board of directors of Viasoft, Inc. ("Viasoft"), a publicly traded software products and services company. Mr. Whiteman is also a director of Intesource, Actuate Corporation, and Netpro.

Organization Position Status
Intesource, Inc. CEO Current
Intesource, Inc. President Current
Unify Corporation Director of the Company Current
Actuate Corporation Director, Unify Corporation Current
Netpro Computing, Inc. Director Current
Actuate Corporation Director Current
Jeh Design Director Current
Intesource, Inc. Director Current
Netpro Director Current
Unify Corporation Chairman Former
Unify Corporation Board of Directors Former
University of Cincinnati M.B.A. Former
Taylor University B.A. Degree In Business Administration Former
Organization Position Status
Actuate Corporation Director, Reporting Engines Current
Actuate Corporation Director, Reporting Engines Former
Organization Position Status
Actuate Corporation Manager, Software Development Current
Organization Position Status
Axipe Coo Current
Articon-Integralis AG Coo Current
Integralis AG COO Current
Actuate Corporation Country Manager Current
Articon-Integralis AG Director, Northern Europe and USA Former
Integralis AG Director, Northern Europe & USA Operations Former
Attachmate Corporation Former
Organization Position Status
Actuate Corporation Manager, Investor Relations Current
Organization Position Status
Actuate Corporation Manager, Online Marketing Current
Organization Position Status
Noosh Inc. Founder & General Partner Current
Goremote Internet Communications, Inc. Current
Savi Technology, Inc. Board Member Current
Actuate Corporation Director Current
Coremetrics, Inc. Board Member Current
Ipass Inc. Director Current
Portal Software, Inc. Director Current
Rapt, Inc. Board Member Current
Noosh Inc. Board Member Current
Integral Development Corp. Board Member Current
MetroPCS Communications, Inc. Board of Directors Current
Ironplanet, Inc. Board Member Current
Arcot Systems Inc. Board of Directors Current
Naqiya Designs Board of Directors Current
Mendocino Software, Inc. Board of Directors Current
Western Association of Venture Capitalists Director Current
Bionomics, Inc. Board of Directors Current
Actuate Corporation Investor Current
Portal Software, Inc. Investor Current
Accel Partners Investor Current
Ipass Inc. Investor Current
Western Association of Venture Capitalists President Former
Accel Partners Co-founder Former
Accel Partners general partner Former
Adler & Company, Inc. General Partner Former
Citicorp Venture Capital, Ltd. Manager Former
Citicorp Venture Capital, Ltd. managed a fund of publicly traded equities Former
U.S. Treasury Department Former
Citigroup Inc. Former
Citicorp Former
Harvard University MBA Former
Harvard University Ab Former
Organization Position Status
Bitstream Inc. Board of Directors Current
Gevity HR, Inc. Board of Directors Current
Actuate Corporation Board of Directors Current
Deutsche Bank AG Former
International Business Machines Corporation Former
Rohm & Haas Company Former
Amherst College Chairman Emeritus Former

Mr. Hara has been active in venture capital and high technology American/Japanese alliances since 1984. He is known as a leading edge venture capitalist and visionary leader in information technology in Japan and the Pacific Rim region. Mr. Hara is responsible for helping portfolio companies build international business alliances that aim to generate substantial revenue growth, particularly in Japan and Asia. Mr. Hara has managed his venture capital funds (DEFTA VENTURE FUNDS) for the US, UK and Israeli startups mainly in the areas of software, telecommunications and Internet, where more than half of his portfolio companies have already gone through exit strategies such as IPO. In September, CyberGold (Internet micropayment engine), one of his companies went public (IPO) on NASDAQ. He has served as Chairman of Borland Co. Ltd., and has been a board member and major investor of many successful ventures such as Picturetel (the largest video conference system manufacturer), ZORAN (one of the most successful Israeli ventures), OREN Semiconductor and TRADEX (eCommerce). Today ZORAN, a portfolio company, is the largest provider of DVD chips, with more than 50% of world market shares and Mr. Hara played a key role in assisting this company in establishing the requisite relationships with Japanese consumer electronics companies. Currently, he is helping OREN SEMICONDUCTOR, an Israeli/US venture, to establish a world standard position for digital TV multi-standard DSP for terrestrial, satellite, and cable digital TV. TRADEX is the leader in digital eCommerce Platforms, with key Asian client relationships such as Nippon Telegraph & Telecom. TRADEX was merged with ARIBA in December 1999 at a valuation of 1.86 billion dollars (current valuation exceeds 2.2 billion dollars). In addition to the previously mentioned companies, Mr. Hara serves on the board of directors of Pixera (digital camera), Actuate Co. Ltd. (XML report writer) and Chemtrix, which was founded by Physics Nobel Laureate Mel Schwartz. Mr. Hara has a broad background in investment management and corporate development. In 1990, Mr. Hara became a General Partner with Accel Partners at Accel Japan, where he developed many successful strategic alliances such as PictureTel/NTT, First Virtual/NTT, Wollongong/NTT Data, and Borland/RIOS. Prior to Accel, Mr. Hara co-founded Japan Incubation Capital with Masayoshi Son of Softbank, Japan's first independent venture capital firm in 1985. DEFTA and Accel Japan portfolio companies include Accelerated Networks, Agile, Argomed (Israel), Artisan (UK), ASSA (Israel), Books That Work, Breaker Technology (UK), CoroNet, CyberGold, Cycolor (Japan), Digident (Israel), Environmental Learning Laboratories (Japan), Farallon, Illustra, Internet Dynamics, Intraspect, Microcosm (UK), Oren Semiconductor (Israel), Pixera, Polycom, Quickturn, Santa Cruz Operation, TRADEX (merged with ARIBA in December 1999), Ultra Guide (Israel), VIVO Software, Yacmail.com (UK) and Zoran. In the public sector, Mr. Hara was appointed advisor to the Governor of Osaka in 1986/87, where he helped develop plans for Japan's first business park specially designed to help foreign companies launch operations in Japan. He is currently policy advisor to the Governor of Gifu Prefecture. He is also Chairman of the Alliance Forum Foundation, an organization that helps build US/APEC high tech industry alliances. In San Francisco, Mr. Hara has served on the boards of the San Francisco Opera, San Francisco Zoo, and the Business School of the University of San Francisco. He is currently Vice Chairman of the San Francisco-Osaka Sister City Committee, and serves on the board of directors of the Japan Society of Northern California and the Hara Research Foundation (a fellowship foundation established under the Ministry of Posts and Telecommunications). He is an advisory committee member of the Ministry of Posts and Telecommunications and Keizai Doyukai (Committee for Economic Development)...

Organization Position Status
Defta Partners Managing Partner Current
Iimsam Current
Cangen Biotechnologies, Inc. Current
Vivo Software, Inc. Current
Accelerated Networks Current
Fortinet, Inc. Current
PictureTel Chairman Current
Defta Partners Board of Directors Current
Pixera Board of Directors Current
Actuate Corporation Board of Directors Current
PictureTel Investor Current
Ariba, Inc. Former
Zoran Corporation Former
Borland Software Corporation Chairman Former
San Francisco Opera Board of Directors Former
Businessschool Board of Directors Former
University of San Francisco Board of Directors Former
Stanford University Master of Science degree Former
Keio University L.L.B Former
Keio University Degree Former
Organization Position Status
Actuate Corporation Board of Directors Current
Organization Position Status
Actuate Corporation Board of Directors Current
Actuate Corporation Chairman, Chief Architect Former
Accel Partners consultant Former
Organization Position Status
Mdv Managing Partner Current
Mohr, Davidow Ventures Managing Partner Current
Panasas, Inc. Managing Partner, Mohr, Davidow Ventures Current
Mohr Corporation Managing Partner Current
Women Entrepreneurs Advisor Current
The Impact Online Advisor Current
Panasas, Inc. Board of Directors Current
Salesramp Board of Directors Current
Agile Software Corporation Board of Directors Current
ShutterFly.com Board of Directors Current
Carrier Iq Board of Directors Current
Actuate Corporation Investor Current
ShutterFly.com Investor Current
Freshwater Software Investor Current
Brickstream Corporation Investor Current
Requisite Technology Inc. Investor Current
Datasweep, Inc. Investor Current
Onvia Inc. Investor Current
Software Publishing Corporation Vice President of Product Development Former
Product Development Corporation Director of Systems Software Development Former
Sun Microsystems, Inc. Director of Systems Software Development Former
Software Publishing Corporation officer Former
Informix Former
Requisite Technology Inc. Board of Directors Former
Santa Clara University M.B.A. Former
University of Santa Clara Master's Degree With Honors In Business Administration Former
Iowa State University Bachelor's Degree Former

Executive News

  • Actuate Customer David Mercier of Johnson Controls Honored with 2009 InfoWorld CTO 25 Award

    Business Wire - 6/09/09 - View Story

  • I Took Over The Company From The Crooks

    Forbes.com - 6/01/09 - View Story

  • Actuate Develops Solution to Track and Manage Stimulus and Recovery

    Reuters - 5/18/09 - View Story

  • Actuate Develops Solution to Track and Manage Stimulus and Recovery

    Forbes.com - 5/18/09 - View Story

  • Actuate to Present at the Eighth Annual JMP Securities Research Conference

    Reuters - 5/14/09 - View Story

  • Actuate to Present at the Eighth Annual JMP Securities Research Conference

    Forbes.com - 5/14/09 - View Story

advertisement
     ACTU $4.75 -0.23 (-4.62% )
Average Volume 264,046
Shares Outstanding 44.70M
Market Cap 212.3M
Year High 5.34
Year Low 2.2
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
advertisement