ActiveState Announces Robust 43% Third Quarter Revenue Growth

Posted by Scott_Ruecker on Nov 11, 2010 6:11 AM EDT
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ActiveState, the dynamic language experts offering solutions for Perl, Python, and Tcl, announced today a robust sales revenue growth rate of 43% for the third quarter of 2010 and an average revenue growth rate overall from last year, year-to-date (YTD) of 19%. These strong revenue growth rates were led by a stellar line up of new Business and Enterprise Edition customers in the second and third quarters this year over a wide range of verticals including high-tech, financial services, healthcare, and aerospace companies: BNP Paribas, Cardinal Health, Daiichi Sankyo USA, Health Now, Juniper Networks, McAfee, Northrop Grumman, Research Affiliates, Standard Chartered Bank China, Tesco Bank, Vodafone, Omnitel.

Vancouver, BC – November 10, 2010 – ActiveState, the dynamic language experts offering solutions for Perl, Python, and Tcl, announced today a robust sales revenue growth rate of 43% for the third quarter of 2010 and an average revenue growth rate overall from last year, year-to-date (YTD) of 19%. These strong revenue growth rates were led by a stellar line up of new Business and Enterprise Edition customers in the second and third quarters this year over a wide range of verticals including high-tech, financial services, healthcare, and aerospace companies: BNP Paribas, Cardinal Health, Daiichi Sankyo USA, Health Now, Juniper Networks, McAfee, Northrop Grumman, Research Affiliates, Standard Chartered Bank China, Tesco Bank, Vodafone, Omnitel.

Some newly signed OEM customers for the second and third quarters include CAE, Diebold, Funnelback, L-3 Communications and 2 major mobile manufacturers.

“We had a great first half and entered the third quarter with a lot of momentum. With our recent Komodo IDE 6 release, and Business Edition offering introduced earlier this year, we continue to see strong interest in dynamic languages in enterprise environments,” said Bart Copeland, President & CEO at ActiveState. “Open source provides such powerful and flexible tools for developers, and ActiveState is here to help with support, indemnification and other important areas for enterprises.”

To find out more about ActiveState enterprise solutions: http://www.activestate.com

About ActiveState ActiveState is the world leader in enabling companies to develop, manage, and distribute applications with dynamic languages. The company’s products and services for Perl, Python, Tcl and other web languages, are used by over 2 million developers and 97% of the Fortune 1000 to build and run applications from mission-critical to open source projects. ActiveState’s end-to-end solutions include development tools, language distributions, indemnification, OEM solutions, support and other services. With these, customers such as Cisco, CA, HP, Bank of America, Siemens, and Lockheed Martin are able to accelerate productivity, minimize risk, and ensure compliance.

Find out more at http://www.ActiveState.com.

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