Bristol Technology Inc.

Infobox_Company
company_name = Bristol Technology Inc.
company_type = Private
foundation = Ridgefield, Connecticut, USA (January 1991)
location_city = Danbury, Connecticut
location_country = United States
products = Wind/U
HyperHelp
XPrinter
TransactionVsion
Kenosia DataAlchemy

Bristol Technology was founded in January 1991 by Keith Blackwell, Ken Blackwell, and Jean Blackwell. The Company’s original product idea, Wind/U, was an implementation of the Windows Application Programming Interface (API) on non-Windows operating systems (such as UNIX). In March 2007, Bristol was purchased by Hewlett-Packard for an undisclosed amount.

History

1991-1997: Developer Tools Years

Bristol Technology began as a software development tools company with $100,000 of seed investment from company insiders. Throughout the 1990s, Bristol developed a series of successful cross-platform developer tools which were used by over 1,000 corporate customers. From 1992 revenue base of $500,000, Bristol revenue grew by 70% annually over the next five years; reaching the Inc. 500 [ [http://www.inc.com/inc5000/2007/company-profile.html?id=1997140 Bristol Technology Inc., inc5000 Article - Inc. Article ] ] and being ranked #1 on Connecticut’s Fast 50.

1998-2001: Microsoft Litigation

In August 1998, Bristol filed a federal antitrust suit against Microsoft Corporation. [http://www.techlawjournal.com/courts/bristol/Default.htm http://www.techlawjournal.com/courts/bristol/80818com.htm] Bristol’s complaint accused Microsoft of entangling Bristol in a charade to stifle competition from other operating systems: UNIX, Compaq's OpenVMS and IBM's OS/390. Bristol alleged that after initially approaching Bristol in 1991 and creating a dependency for Bristol and its customers on the Windows programming interfaces, Microsoft was then seeking to end access to this technology on all but Windows operating systems.

In the lawsuit, Bristol sought unspecified damages for and injunctive relief from Microsoft’s alleged anticompetitive behavior. The injunction would have required Microsoft to provide Bristol with source code for future versions of Windows operating systems, including Microsoft Windows NT 4 and Windows NT 5.

Bristol and Microsoft went to trial in the summer of 1999 in Federal Court in Bridgeport, CT. Federal Judge Janet Hall presided over the jury trial. Subsequently, the jury ruled that operating systems were not a definable market, thus Bristol did not have standing to sue under antitrust law. The jury did find that Microsoft violated Connecticut's Unfair Trade Practices Act; however, the jury could not quantify damages and only awarded Bristol $1. In a later ruling, Judge Hall awarded Bristol $1 million in punitive damages and $3.7 million in legal fees. [ [http://www.news.com/Judge-orders-Microsoft-to-pay-Bristol-1-million/2100-1001_3-245237.html Judge orders Microsoft to pay Bristol $1 million - CNET News.com ] ] In February 2001, Bristol and Microsoft reached a settlement agreement ending nearly four years of legal battles. [ [http://news.zdnet.co.uk/software/0,1000000121,2084592,00.htm Microsoft settles Bristol lawsuit - ZDNet.co.uk ] ]

2001-2007: Rebuilding Bristol

Following the settlement of the lawsuit with Microsoft, Bristol once again focussed on building the company. [ [http://www.forbes.com/forbes/2003/1110/180.html Death-Defying Acts - Forbes.com ] ] As a result of the legal battle with Microsoft, beginning in 1999, Bristol had begun two new R&D efforts. One of those efforts would subsequently result in a new wholy-owed subsidiary, Kenosia Corporation. Kenosia’s flatship product, DataAlchemy, was used by major consumer packaged goods companies for performing analysis on consumer data. Kenosia was sold by Bristol to Halo Technology in 2005.

Bristol’s second R&D effort eventually yielded [http://www.linkedin.com/redirect?url=http%3A%2F%2Fpatft%2Euspto%2Egov%2Fnetacgi%2Fnph-Parser%3FSect1%3DPTO2%26Sect2%3DHITOFF%26u%3D%252Fnetahtml%252FPTO%252Fsearch-adv%2Ehtm%26r%3D1%26f%3DG%26l%3D50%26d%3DPTXT%26p%3D1%26S1%3D%28%28blackwell%2BAND%2Bbristol%29%2BAND%2Bbendiksen%29%26OS%3Dblackwell%2BAND%2Bbristol%2Band%2Bbendiksen%26RS%3D%28blackwell%2BAND%2Bbristol%2BAND%2Bbendiksen%29&urlhash=1Snp U.S. patent #7,003,781] and a new product, [https://h10078.www1.hp.com/cda/hpms/display/main/hpms_content.jsp?zn=bto&cp=1-11-15-25%5E2872_4000_100__&jumpid=reg_R1002_USEN TransactionVision] . TransactionVision provided organizations the ability to non-intrusively track electronic transations throughout a heterogeneous IT infrastructure. In conjunection with its R&D efforts, in 2003, Bristol raised venture capital for the first time in the company’s history. Bristol raised $9.1 million in a round that was lead by Jerusalem Venture Partners and Apax Partners. [ [http://www.allbusiness.com/company-activities-management/company-strategy-startups/5740197-1.html Bristol Technology Receives $9.1 Million from JVP, Apax Partners and Existing Investors in Series B Venture Capital Financing. | Company Activities & Management > Company Strategy from AllBusiness.com ] ]

From 2003 through 2006, Bristol established TransactionVision as the market leader in the Business Transaction Management [http://www.ivc-online.com/ivcWeeklyItem.asp?articleID=6019 (BTM)] market The company was purchased by Hewlett-Packard in 2007 for the purpose of adding TransactionVision to HP’s Business Technology Optimization (BTO) line of products. [ [https://h10078.www1.hp.com/cda/hpms/display/main/hpms_content.jsp?zn=bto&cp=1-11-15-25%5E2872_4000_100__ HP TransactionVision software - HP - BTO Software ] ]

References