Click Commerce - History

History

Click Commerce was founded by Michael W. Ferro, Jr. and was incorporated in 1996 as Click Interactive, Incorporated. The company changed its name to Click Commerce, Inc. in 1999 and went public on NASDAQ in June, 2000 under the symbol CKCM. In 2004, Click purchased Oregon based Webridge, a privately held software developer that marketed compliance related software to research universities. Click Commerce retained Webridge's office in Oregon along with part of that company's staff.

In October 2006, the company was acquired by Illinois Tool Works (ITW) and operated as an independent business unit until May 15, 2009, when Marlin Equity Partners acquired three software operating units from ITW. The transaction included the Service Network Solutions (“SNS”) and Research and Healthcare Solutions (“RHS”) businesses and the rights to the Click Commerce, Inc. name. Additionally, the Contract Service and Management (“CSM”) business was also acquired but merged into Emptoris, an existing Marlin portfolio company based in Burlington, Massachusetts, specializing in supply management and contract management software solutions. Click Commerce’s eCommerce and Channel Management Division was retained by ITW and is doing business as Requisite Technology, Inc.

Marlin Equity Partners subsequently acquired Servigistics, a strategic service management solutions company headquartered in Atlanta, Georgia, and on July 7, 2009 announced its merger with Click Commerce’s Service Network Solutions (SNS) unit. In November 2010, Click Commerce was purchased by Huron Consulting Group.