It looks like it's a good time to be an XML software
vendor. CNET
reports that webMethods hopes to raise $45 million in
its IPO.
The CNET article tips webMethods to be "one of the more
successful public offerings in early 2000". Although
currently making a loss, webMethods saw revenues go from
$166,000 in 1998 to $4.5 million in 1999.
Other companies have not been slow to recognise the huge
potential of the XML market. Object Design, makers of
eXcelon, have this week renamed their company eXcelon Corp, and
have refocused their product strategy on XML servers rather
than their previous object DBMS emphasis.