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ASG Technologies company history timeline

1991

Art Allen first attempted to acquire Landmark in 1991 but was turned down by the company's founders, Patrick McGettican and Kathy Clark.

1996

The company also launched in 1996 a concerted effort to expand its European business.

1997

By 1997 ASG was generating $23 million in annual revenues and employed some 175 people.

1998

Next, in September 1998, ASG completed two acquisitions.

1999

ASG completed one major deal in 1999, acquiring several mainframe scheduling and intelligent management tools from Computer Associates, which had months earlier picked them up as part of a purchase of Platinum Technologies.

2000

During the course of 2000 ASG opened its 30th international office, adding Sao Paulo, Brazil.

2001

She presented it to her board, which agreed to the sale in December 2001.

A second South African office would open in 2001.

Allen, who professed he had no interest in taking ASG public, established a new and even more ambitious target, to generate $500 million in annual revenues within the next three years. As a result of a five-year-long acquisition spree, ASG had enjoyed a compounded annual growth rate of 44 percent, with worldwide revenues reaching $175 million during this period, a total that eclipsed Allen's long cherished goal to be a $100 million company by 2001.

2003

Set in the autumn of 2003 to launch its first products to enable business service management, ASG was positioned to continue its impressive rate of growth.

In 2003 the company was poised to see revenues top $200 million.

2007

The second strategic product in ASG’s mixed-bag portfolio is the enterprise information management (EIM) platform Mobius, which joined the ASG family with the acquisition of Mobius Management Systems in 2007.

2012

By 2012, however, Allen Systems had come upon hard times, in spite of its 1,100 employees, 70 offices, and 5,000 customers, including blue chips like Coca-Cola , General Electric , and Toyota.

2014

It eventually defaulted on its debt, leading to the exit of Allen in 2014 and a bankruptcy filing.

2015

By the end of 2015, Sansbury had recruited a new executive team, and spent the next three years focusing on remedial engineering, corporate restructuring, and revamping of the company’s distribution channels.

2018

In addition to ASG-TMON and Mobius, other products round out ASG’s portfolio moving forward, including ASG Studio, a product that leverages the technology ASG obtained with the acquisition of Mowbly in March 2018.

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Founded
1986
Company founded
Headquarters
Naples, FL
Company headquarter
Founders
Arthur Allen
Company founders
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ASG Technologies may also be known as or be related to ASG Technologies, ASG Technologies Group Inc, ASG Technologies Group, Inc. and Asg Software Solutions.