Webmedia Group
Encyclopedia
Webmedia Group is one of the largest software development
companies in the Baltic states
, operating in European, Middle-Eastern and African markets. Webmedia Group has subsidiary companies in Estonia
, Lithuania
, Serbia
, Romania
, Egypt
, Qatar
and as CCC Corporation in Finland
.
In 2008 as well as 2009, Webmedia Group was among the 30 fastest-growing companies in Middle and Eastern Europe, and among 500 fastest-growing technology companies in the EMEA
region.
The Chairman of the Management Board of Webmedia Group is Priit Alamäe; Management Board members include Taavi Kotka, Andre Krull and Aare Lapõnin.
.
2001 – Intergate, a venture capital company, invested in Webmedia.
2003 – Webmedia expanded to Tallinn
.
2004 – Webmedia went through a management buy-out (MBO
) from Intergate.
2005 – Swedish consultation company Acando became one of Webmedia’s shareholders after their investment. The parent company AS WMG (now AS Webmedia Group) was formed and operations were expanded to external markets.
2006 – Webmedia was accepted as member of Estonian Chamber of Commerce and Industry.
2007 – Set-up of a development centre in Narva
begun. The centre was opened in February 2008 by Juhan Parts
, Minister of Economic Affairs and Communications.
2008 January – employees bought back the shareholding from Acando. From 2008, a Webmedia Group branch office operates in Qatar
. In 2009 July, Webmedia Group signed a contract to participate in the development of Qatar’s e-state.
2009 September – Enterprise Estonia distributed entrepreneurship awards and awarded Webmedia the title of the most successfully adjusting company during economic recession.
2011 May - Webmedia Group AS and Finnish CCC Corporation Oy have merged as the leading software provider in the Baltics and Finland.
that enables on-the-fly reloading of changes made to Java class files
. JRebel was developed in the research and development department of Webmedia. In 2009, JRebel won the Jolt Awards
productivity award. From August 1 2009 onwards, JRebel is further developed the spin-off company OÜ ZeroTurnaround
.
Software development
Software development is the development of a software product...
companies in the Baltic states
Baltic states
The term Baltic states refers to the Baltic territories which gained independence from the Russian Empire in the wake of World War I: primarily the contiguous trio of Estonia, Latvia, Lithuania ; Finland also fell within the scope of the term after initially gaining independence in the 1920s.The...
, operating in European, Middle-Eastern and African markets. Webmedia Group has subsidiary companies in Estonia
Estonia
Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...
, Lithuania
Lithuania
Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...
, Serbia
Serbia
Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...
, Romania
Romania
Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...
, Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
, Qatar
Qatar
Qatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...
and as CCC Corporation in Finland
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
.
In 2008 as well as 2009, Webmedia Group was among the 30 fastest-growing companies in Middle and Eastern Europe, and among 500 fastest-growing technology companies in the EMEA
Europe, the Middle East and Africa
Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes...
region.
The Chairman of the Management Board of Webmedia Group is Priit Alamäe; Management Board members include Taavi Kotka, Andre Krull and Aare Lapõnin.
History
Webmedia started operations in 2000 in TartuTartu
Tartu is the second largest city of Estonia. In contrast to Estonia's political and financial capital Tallinn, Tartu is often considered the intellectual and cultural hub, especially since it is home to Estonia's oldest and most renowned university. Situated 186 km southeast of Tallinn, the...
.
2001 – Intergate, a venture capital company, invested in Webmedia.
2003 – Webmedia expanded to Tallinn
Tallinn
Tallinn is the capital and largest city of Estonia. It occupies an area of with a population of 414,940. It is situated on the northern coast of the country, on the banks of the Gulf of Finland, south of Helsinki, east of Stockholm and west of Saint Petersburg. Tallinn's Old Town is in the list...
.
2004 – Webmedia went through a management buy-out (MBO
Management buyout
A management buyout is a form of acquisition where a company's existing managers acquire a large part or all of the company.- Overview :Management buyouts are similar in all major legal aspects to any other acquisition of a company...
) from Intergate.
2005 – Swedish consultation company Acando became one of Webmedia’s shareholders after their investment. The parent company AS WMG (now AS Webmedia Group) was formed and operations were expanded to external markets.
2006 – Webmedia was accepted as member of Estonian Chamber of Commerce and Industry.
2007 – Set-up of a development centre in Narva
Narva
Narva is the third largest city in Estonia. It is located at the eastern extreme point of Estonia, by the Russian border, on the Narva River which drains Lake Peipus.-Early history:...
begun. The centre was opened in February 2008 by Juhan Parts
Juhan Parts
Juhan Parts is an Estonian politician who was Prime Minister of Estonia from 2003 to 2005. He was chairman of the Res Publica Party for a time. Since 5 April 2007 he is the Minister of Economy and Communication in Andrus Ansip's second government...
, Minister of Economic Affairs and Communications.
2008 January – employees bought back the shareholding from Acando. From 2008, a Webmedia Group branch office operates in Qatar
Qatar
Qatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...
. In 2009 July, Webmedia Group signed a contract to participate in the development of Qatar’s e-state.
2009 September – Enterprise Estonia distributed entrepreneurship awards and awarded Webmedia the title of the most successfully adjusting company during economic recession.
2011 May - Webmedia Group AS and Finnish CCC Corporation Oy have merged as the leading software provider in the Baltics and Finland.
JRebel
JRebel (formerly known as JavaRebel) is a plugin for the Java Virtual MachineJava Virtual Machine
A Java virtual machine is a virtual machine capable of executing Java bytecode. It is the code execution component of the Java software platform. Sun Microsystems stated that there are over 4.5 billion JVM-enabled devices.-Overview:...
that enables on-the-fly reloading of changes made to Java class files
Class (file format)
In the Java programming language, source files are compiled into machine-readable class files which have a .class extension. Since Java is a platform-independent language, source code is compiled into an output file known as bytecode, which it stores in a .class file. If a source file has more...
. JRebel was developed in the research and development department of Webmedia. In 2009, JRebel won the Jolt Awards
Jolt Awards
The Jolt Awards are awards in the software industry.Since 1990, the Dr. Dobb's Jolt Product Excellence Awards have been presented annually to showcase products that have "jolted" the industry with their significance and made the task of creating software faster, easier, and more efficient.Jolt Cola...
productivity award. From August 1 2009 onwards, JRebel is further developed the spin-off company OÜ ZeroTurnaround
ZeroTurnaround
ZeroTurnaround OÜ is an IT software company based in Tartu, Estonia, which makes productivity tools for both Java EE development and production environments . In 2009, ZeroTurnaround received a Jolt Award for JRebel...
.