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divine inc, (The company's name was properly spelled with a lower case 'd', because it was felt that having an upper case 'D' might make it appear that the company was comparing itself to God) was a Chicago-based company that started out as an Internet Incubator, named divine Interventures. The Company was founded by Andrew 'Flip' Filipowski . When the Internet stock bubble burst, divine switched business models. They decided to become an enterprise software company offering an extensive array of products and services. Now known only as ''divine'', they took the most viable of their incubator businesses and purchased other companies with deflated stock values due to the bubble. Many of these businesses were unprofitable, and this helped lead to cash-flow problems. KEY STAFF As of early 2003, the board of directors consisted of:
The executive leadership, also as of early 2003, was:
DEMISE One of the companies that was acquired by divine was RoweCom of Massachusetts, a library periodical subscription business. In late 2002 , RoweCom was having trouble fufilling its committments to its paid subscribers. divine attempted to sell the RoweCom subsidiary to competitors. When these deals fell through, RoweCom was forced into Chapter 11 bankruptcy. RoweCom immediately filed suit against divine, alleging that divine had improperly diverted RoweCom's operating cash to other parts of its struggling business. Devine subsequently filed for Chapter 11 on February 25 , 2003 . In April 2003, divine's assets were sold at auction. A list of companies purchased by divine: (incomplete)
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