John
Burton
Managing Director,
Updata
Capital
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John Burton's IT
experience spans 25 years as a Senior Executive of
high-growth private and public companies. In 1984, he
co-founded Business Software Technology, Inc. (BST) and
served as Chief Operating Officer and Director. BST became
the industry leader in software configuration management and
grew at a compound annual growth rate of greater than 50%,
achieving profitability in every financial quarter of
operation. BST grew to sales of greater than $15
million, with net profit of over $2 million, before being
acquired by Legent Corporation in 1989.
After the merger
of Legent and BST, John became President, Chief Operating
officer and then Chief Executive Officer of Legent. During
his tenure, Legent grew in sales from $126 to over $500
million and was ranked as one of the ten largest software
companies worldwide. Under his management, Legent executed
over one dozen corporate acquisitions, nearing $1 billion in
value.
Since 1995, John
has advised, invested in, and assisted several technology
firms in expansion and re-engineering efforts. Mr.
Burton currently serves on the boards of Banyan Systems,
Inc., Axent Technologies, Inc., and SAGA Software, Inc.
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