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
888-422-8828
Peer Companies
NAICS Code Software Publishers: 511210
Recent Events
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Actuate reports weak first quarter
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Actuate To Announce First Quarter 2009 Financial Results on April 30th, 2009
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Actuate and BIRT Exchange Launch Actuate BIRT Global Partner
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Actuate and BIRT Exchange Launch Actuate BIRT Global Partner Connection at EclipseCon 2009
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Actuate and ClusterSeven to Offer e.Spreadsheet Users Increased Security, Corporate Data...
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Actuate BIRT Enhances Ciscos Secure Access Control System ACS
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Actuate Reports Fourth Quarter and Fiscal Year 2008 Financial Results
News & Analysis
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Actuate Corporation Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Andrew Lee for Nathan Schneiderman - Roth Capital Partners. Andrew Lee for Nathan Schneiderman - Roth Capital Partners Could you explain why G&A expenses were up so much in Q1? Were there any one-time expenses we should know about?...
Actuate Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Nathan Schneiderman - Roth Capital Partners. Nathan Schneiderman - Roth Capital Partners A couple of few questions for you here, just curious did you have any or what was the magnitude of catch up maintenance payments this quarter...
A Closer Look at Actuate's Fluctuating Tender Offer Price
Tech Confidential submits: JMP Securities LLC analyst Patrick Walravens has more on Actuate Inc.'s ACTU ever-changing $60 million tender offer and the $3.50 a share, $212 million acquisition offer it received last week. In a meeting at the business intelligence software maker's headquarters on Friday, Walravens learned that...
Actuate Corp. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And your first question comes from the line of Nathan Schneiderman, please proceed. Nathan Schneiderman – Roth Capital Partners Hi. Thanks very much. Hi Pete. Hi Dan. Peter Cittadini Hello. Nathan Schneiderman – Roth Capital Partners I wanted to just clarify on the guidance --...
Actuate Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator As you know this is a live earnings call. So, we are going to let everyone in the room to ask questions first and then we’ll actually open up the call to the folks that are listening on the phone lines. So, with that we will be...
Actuate to Highlight Eclipse BIRT at 2008 IBM Rational Software Development Conference
BIRT Experts to Deliver In-depth Content on Advanced Customization Capabilities With BIRT to Support Real-World Development Scenarios
Engaging with Business Banking Customers
View this on-demand Webcast with Jeanne Capachin, Research Vice President with Financial Insights, as she examines how Rich Internet Applications RIAs can be used to solve some of the online banking problems that financial institutions are having. Learn what to do when the pace of change outside the financial...
Actuate to Present at Upcoming Investor Conferences
SAN MATEO, Calif. -- Actuate Corporation (NASDAQ:ACTU), the leader in delivering Rich Internet Applications Without Limits[TM], today announced that its Chief Executive Officer Pete Cittadini and Chief Financial Officer Dan Gaudreau will be presenting at both the JMP Securities and the Cowen Conferences.
Actuate and Webalo Make BIRT Mobile
Actuate to Deliver Mobile BIRT Output Using Webalo's Mobile Dashboard and Actuate iServer
Webalo Enables Key Software Makers Actuate and Xactly to Extend Their Applications to Handhelds - in Hours
Mobile Dashboard's Wizardry Brings Personalized Enterprise Data to the Mobile Workforce, with No Programming
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
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Actuate Customer David Mercier of Johnson Controls Honored with 2009 InfoWorld CTO 25 Award
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I Took Over The Company From The Crooks
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Actuate Develops Solution to Track and Manage Stimulus and Recovery
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Actuate Develops Solution to Track and Manage Stimulus and Recovery
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Actuate to Present at the Eighth Annual JMP Securities Research Conference
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Actuate to Present at the Eighth Annual JMP Securities Research Conference
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