Harbinger Corporation

Last updated
Harbinger Corporation
Type Public
Nasdaq: HRBC [1]
Industry Software
Founded1983
Defunct2000
FateAcquired by Peregrine Systems
Headquarters Atlanta, Georgia, USA
ProductseCommerce software and services

Harbinger Corporation was a leader in e-commerce software and network services. [2] Founded in December 1983 by C. Tycho Howle and David Leach as Computer Technologies for the Home in Atlanta, Georgia, it went public in August 1995. It was purchased by Peregrine Systems on 16 June 2000. [1] Originally located at 1800 Century Place, the company relocated to 1055 Lenox Park Blvd. in the early 1990s.

At its peak, Harbinger had 1,100 employees, 40,000 active customers, and annual revenues exceeding $155 million.[ citation needed ]

After Peregrine went into bankruptcy following 2002 accounting scandals, certain lines of business purchased from Harbinger and Extricity were sold off to Golden Gate Capital and Cerberus Capital Management and ultimately renamed Inovis. [3] For a while, Inovis' European operations used the name Harbinger Commerce.

The Harbinger brand became part of Inovis in 2002, [4] which was then acquired by GXS in 2010. [5]

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References

  1. 1 2 Smith, Rebecca; Nikhil Deogun (2000-04-06). "Peregrine Systems Agrees to Acquire Harbinger in $2 Billion Stock Accord". Wall Street Journal. ISSN   0099-9660 . Retrieved 2020-06-29.
  2. "Harbinger Corporation Information at Business.com Information at Business.com". www.business.com. Archived from the original on 2002-03-28.
  3. "Inovis Debuts". Supply and Demand Chain Executive. 2002-09-10. Retrieved 2021-02-11.
  4. "Inovis Rises from Peregrine's Harbinger and Extricity Ashes". IT Jungle. Archived from the original on 2013-02-10.
  5. "GXS Closes Inovis And Ponders IBM — And B2B Just Became Fun Again". Gartner.