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Homestead Technologies

American software company

Field	Value
name	Homestead Technologies Inc.
logo	Hslogo.png
logo_size	120px
type	Subsidiary
industry	Web services
foundation
Menlo Park, California, U.S.
founders	Justin S. Kitch
Thai Bui
David Wu
location	Palo Alto, CA, U.S.
key_people	Justin S. Kitch (Chairman and CEO)
num_employees	116 (2015)
parent	Intuit Inc. (2007-2012)
EIG (2012-present)
revenue	US$6.67 million
services	Web hosting service
E-commerce services
Online advertising
homepage

Menlo Park, California, U.S. Thai Bui David Wu EIG (2012-present) E-commerce services Online advertising

Homestead Technologies Inc. is a web hosting company based in Burlington, Massachusetts.

Scope

Homestead offers its members WYSIWIG tools to build and publish their own websites.

Since its founding as a free service provider, Homestead has expanded the scope of its services to include online marketing, paid search ads, SEO tools, and e-commerce services.

Homestead is geared mostly towards small business owners, non-profit administrators, retailers, and hobbyists, unlike competitors such as Angelfire and Yahoo! GeoCities, who target more casual users.

History

In October 1997, Justin S. Kitch and Thai Bui founded Homestead, in Menlo Park, California. The company quickly became popular due to its accessibility and ease of use. Its proprietary drag-and-drop SiteBuilder platform enabled users with no prior knowledge of coding or web programming to create fully functioning websites for personal, educational, or business use.

In June 1998, the company launched Homestead.com, which enabled Internet users to build a website, with a focus on small businesses, e-commerce, and their related services, such as consulting, listings, and online business directories.

By October 1999 member registrations reached two million.

In October 2003, Homestead Technologies launched PhotoSite, a photo sharing and web hosting service tailored to amateur digital photography.

In March 2005, PhotoSite was sold to United Online.

In December 2007, Homestead was acquired by financial and tax preparation software giant Intuit for US$170 million to bolster its web hosting offerings.

On August 16, 2012, Intuit announced that Homestead would be purchased by web hosting company Endurance International Group of Burlington, Massachusetts.

References

Bibliography

References

"Company profile". Hoover's.
"Homestead Technologies Inc.: Private Company Information". Bloomberg.
Steiner, Ina. (2007-02-04). "Homestead Sites for eBay Sellers". Auction Bytes.
Marx, Andy. (1999-09-15). "Take My Content... Please!". Internet World.
Babcock, Charles. (1999-04-21). "Homestead Offers Free Publishing System". Interactive Week Online.
Hu, Jim. (2003-10-21). "Homestead adds photo service".
(2005-03-28). "United Online Acquires Online Digital Photo Sharing Business from Homestead Technologies". Homestead Technologies.
(2007-12-19). "Intuit Completes Homestead Acquisition". Silicontap.
(2012-08-16). "Intuit Selling its Web Hosting Business to Endurance International Group". TheWhir.

Info: Wikipedia Source

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