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Art Technology Group, Inc. Commences Initial Public Offering of Common Stock.


BOSTON--(BUSINESS WIRE)--July 21, 1999--

Art Technology Group, Inc. (Nasdaq:ARTG ARTG Australian Register of Therapeutic Goods ) announced today that the initial public offering (IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ) of 5,000,000 shares of its Common Stock has commenced at an initial public offering price of $12.00 per share. The shares are being offered through a syndicate of underwriters led by Hambrecht & Quist LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, U.S. Bancorp Piper Jaffray Inc., Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California.  LLC and Wit Capital Corporation. The underwriters have a 30-day option to purchase up to 750,000 additional shares of Common Stock from the Company and stockholders of the Company solely to cover over-allotments, if any.

Art Technology Group, Inc. (ATG ATG antithymocyte globulin.
lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG)

Atgam

Pharmacologic class: Immunoglobulin

Therapeutic class: Immunosuppressant
) is a leading provider of Internet customer relationship management and e-commerce products and services. ATG offers an integrated suite of Java application server-based products and services, as well as related application development, integration and support services. ATG's Dynamo product suite enables Fortune 1000 enterprises, as well as new businesses using the Internet as their primary business channel, to understand, manage and build their online customer relationships and to more effectively market, sell and support their products and services over the Internet.

A copy of the final prospectus may be obtained from the offices of Hambrecht & Quist LLC, One Bush Street, San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation).

The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 
, 94104, telephone number (415) 439-3000, U.S. Bancorp Piper Jaffray Inc., 222 South Ninth Street, Minneapolis, Minnesota, 55402, telephone number (612) 342-6000, Thomas Weisel Partners LLC, One Montgomery Street, Suite 3700, San Francisco, California, 94104, telephone number (415) 364-2500, or Wit Capital Corporation, 826 Broadway, 7th Floor, New York, New York, 10003, telephone number (212) 253-4400.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 21, 1999
Words:266
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