307:
281:
499:, headed by Mike Press and Mason Holland, offered US$ 20M in cash and US$ 20M in new promissory notes, stating that they would locate the new company in the existing Eclipse facilities in Albuquerque. Eclipse Aerospace provided upgrades to the current Eclipse fleet and restarted production. Eclipse Aerospace was confirmed as the new owner of the assets of the former Eclipse Aviation on August 20, 2009, and opened for business on September 1, 2009. The company later merged to become
47:
296:
479:
Bankruptcy documents indicated that a total of $ 702.6 million was owed. The court documents filed suggested that the bankruptcy occurred because the company "continued to lose larger than expected sums of money on each aircraft manufactured and has not reached cash flow positive in its operations."
422:
Despite orders for the aircraft, the company announced in August 2008 that development of the
Eclipse 400 was on hold and it had not started the certification process. The company declared it had not spent any of the deposit money for the Eclipse 400, but the deposits were later the subject of legal
475:
and procedures for the sale of substantially all of its assets under
Section 363 of the U.S. Bankruptcy Code." The company also stated that it had found a buyer for its assets, EclipseJet Aviation International, an affiliate of ETIRC Aviation, the company with significant investments in Eclipse.
328:
very light jet. Due to investments by the State of New Mexico and incentives and concessions from the City of
Albuquerque, the company set up its production facilities there and moved its headquarters in 2000. Construction of the prototype started in 2001, and it first flew on August 26, 2002.
488:, under Section 363 of the United States Bankruptcy Code. EclipseJet Aviation International was unable to secure the funding they had anticipated, and on February 24, 2009, a group of companies to whom Eclipse owed money applied to the court to force the unfinished Chapter 11 proceedings into
410:
Founding president and CEO Vern Raburn resigned as a condition of a financing package by
European Technology and Investment Research Center (ETIRC) Aviation, which had invested more than US$ 100 million in Eclipse in 2008. Raburn announced his resignation at
436:
From August 2008 onwards, several customers filed lawsuits against the company for failure to return deposits for canceled and delayed orders. The company indicated that it needed more funding to be in a position to return deposits.
1069:
387:
and BaySys
Technologies. The ECJ had first flown on July 2, 2007. The company said it did not intend to place the aircraft into production, but by May 2008, it began to take orders for a production version designated the
1649:
483:
On
January 20, 2009, Federal Bankruptcy Court Judge Mary Walrath verbally approved the sale of the assets of Eclipse Aviation to EclipseJet Aviation International, headed by Eclipse Aviation's chairman,
1430:
1801:
Motion to
Shorten Notice of the Motion of the Ad Hoc Committee of Secured Noteholders for an Order Converting the Debtors' Chapter 11 Bankruptcy Cases to cases under Chapter 7 of the Bankruptcy Code
676:
1077:
455:
to assemble the
Eclipse 500, but then halted production of the 500 in October 2008, with the company indicating that it lacked funds to continue production or refund customer deposits.
1914:
2140:
2165:
2170:
234:
liquidation procedure in
February 2009. In the final Chapter 7 procedure, completed on August 20, 2009, there was only one bidder, a new company formed to acquire the assets,
2180:
2145:
2160:
223:
was a major stakeholder in the
Eclipse project. The company was known for helping usher in a new category of VLJs when the Eclipse 500 was first delivered in late 2006.
1788:
Motion of the Ad Hoc Committee of Secured Noteholders for an Order Converting the Debtors' Chapter 11 Bankruptcy Cases to cases under Chapter 7 of the Bankruptcy Code
1653:
402:
During 2007 Eclipse produced 104 aircraft and claimed a record for building its "first 100 airplanes faster than any GA jet aircraft manufacturer in history."
976:
1434:
702:
680:
1315:
569:
649:
480:
Total company liabilities were estimated at over $ 1 billion. At the time of bankruptcy filing on November 25, 2008 Eclipse had delivered 259 EA500s.
395:
In October 2007, the company laid off between 100 and 150 contract workers and employees, about 10% of its workforce. In November 2007 subcontractor
17:
1592:
1540:
998:
789:
1351:
426:
On Wednesday, August 20, 2008, Hampson Aerospace closed its Grand Prairie production plant, leaving Eclipse without a supplier of tail sections.
429:
On August 22, 2008, Eclipse announced that it would be laying off 650 of its workforce of 1800 people (38% of its work force) and a week later
399:, which built the tail assembly for the Eclipse 500, filed a suit against Eclipse alleging that Eclipse had not paid them for work completed.
1918:
92:
1865:
894:
1220:
419:, the chairman of the board of directors and president of ETIRC, said that the company should be profitable by the first quarter of 2009.
1710:
1144:
869:
622:
530:. Eclipse Aviation developed it for use aboard their Eclipse 500 jets, and it is now being marketed to other aviation manufacturers.
1619:
1518:
732:
468:
337:
turbofans. The engine change caused a delay in the program, and the PW610F-equipped prototype first flew in 2004. The aircraft was
1263:
2155:
1456:
489:
1100:
2150:
2029:
1171:
1047:
764:
371:. The four-seat aircraft was powered by a single Pratt & Whitney Canada PW610F turbofan and was built in secrecy at
2175:
1408:
495:
After a lengthy Chapter 7 process running from March to August 2009, only one bidder for the company's assets existed.
1593:"Eclipse Aviation Seeks Court Approval for Restructuring under 363 Sale Procedures and Debtor in Possession Financing"
226:
In October 2008, production of the Eclipse 500 was halted due to lack of funding. The company entered an unsuccessful
1198:
242:
1485:
819:
1567:
972:
706:
464:
353:
342:
338:
334:
1814:
591:
356:
for its work with the Eclipse 500. The award was controversial because only the prototype aircraft was flying.
472:
1892:
1311:
1025:
1803:, United States Bankruptcy Court for the District of Delaware, February 24, 2009, Case Number 08-13031 (MFW)
1790:, United States Bankruptcy Court for the District of Delaware, February 24, 2009, Case Number 08-13031 (MFW)
1744:
1678:. United States Bankruptcy Court for the District of Delaware, January 23, 2009, Case Number 08-13031 (MFW)
653:
254:
246:
1329:
1290:
2056:
844:
270:
2022:
1766:
1689:
1596:
1544:
1002:
793:
333:
turbofans, these were found to be unsuitable, and the aircraft was redesigned to accommodate a pair of
430:
1122:
1869:
1541:"Eclipse Aviation and ETIRC Aviation Gain Approval and Financing for Russian Production Facility"
1247:
In the United States Bankruptcy Court in the District of Delaware - Complaint Case 08-13031 (MFW)
898:
376:
300:
194:
129:
1998:
444:, representing 1400 orders for the Eclipse 500, ceased flying operations for financial reasons.
367:, Eclipse unveiled the already flying prototype of a second company design initially called the
1224:
180:
1676:
Order (A) Authorizing The Debtors to Sell Substantially All Of Their Assets Free and Clear etc
2015:
1718:
1148:
921:
512:
227:
1839:
790:"Judge Approves Sale of Eclipse Aviation's Assets to EclipseJet Aviation International, Inc"
1267:
626:
231:
515:
in aircraft structures, using it extensively in the primary structure of the Eclipse 500.
8:
1623:
736:
467:
certification for the 500 and then just four days later, on November 25, 2008, filed for
321:
81:
1221:""Eclipse Hits Back At "Speculation", AVwebFlash Complete Issue: Volume 14, Number 34a"
948:
447:
Eclipse Aviation announced on September 23, 2008, that it would establish a factory in
396:
364:
341:
certified on July 27, 2006; the first customer aircraft was delivered in January 2007.
306:
1467:
2062:
1386:
544:
496:
384:
235:
118:
33:
2067:
1835:
1740:
258:
1373:
Case No 08-13031 (MFW) Statement of Financial Affairs Eclipse Aviation Corporation
159:
60:
1175:
1172:"Eclipse Aviation and Hampson Aerospace, Inc. Resolve All Outstanding Disputes"
539:
527:
349:
313:
288:
216:
201:
1969:
1941:
280:
2134:
2103:
1650:"On the heels of EASA certification, Eclipse files for bankruptcy protection"
330:
2038:
500:
2098:
2093:
2088:
2083:
2002:
1492:
523:
485:
416:
389:
325:
310:
284:
205:
198:
146:
46:
522:, a fire suppression agent for use in aviation applications to replace
412:
360:
220:
870:"Eclipse Aerospace says no other bidders appeared for closed Eclipse"
448:
212:
70:
2119:
1431:"Eclipse sells DayJet 500s as owner lawsuits mount against Eclipse"
519:
380:
295:
1974:
1946:
463:
On November 21, 2008, the company announced that it had achieved
345:
certification for private use was achieved on November 21, 2008.
250:
733:"Teal Group's Richard Aboulafia's First Eclipse Aviation Report"
2007:
971:
452:
441:
1586:
1584:
219:
CEO Vern Raburn. Due to Raburn's relationship with Microsoft,
1371:
United States Bankruptcy Court for the District of Delaware:
695:
1581:
372:
348:
In February 2006, the company was named the winner of the
1365:
2141:
Manufacturing companies based in Albuquerque, New Mexico
1264:"DayJet Folds and Eclipse Aviation Struggles to Survive"
471:
protection. The company was "seeking court approval for
1145:"Tail Manufacturer Sues Eclipse, Eclipse Charges Fraud"
320:
Eclipse Aviation was founded by Vern Raburn in 1998 in
2166:
Companies that filed for Chapter 11 bankruptcy in 2008
1906:
1620:"Eclipse Aviation Bankruptcy Opens the Books on Debts"
990:
2171:
Companies that filed for Chapter 7 bankruptcy in 2009
1519:"Eclipse's Russian Factory Gets Financing, Approvals"
1101:"Eclipse Goes Ahead With Single, Hikes Price Of Twin"
913:
324:, and the company started to design the twin-engined
1349:
705:. Flying Magazine. February 13, 2009. Archived from
204:(VLJ), and also at one time proposed developing the
2181:
Defunct manufacturing companies based in New Mexico
2146:
Defunct aircraft manufacturers of the United States
440:On September 19, 2008, Eclipse's largest customer,
405:
2161:Companies that have filed for Chapter 7 bankruptcy
1967:
1939:
1915:"Jet-maker Eclipse Aviation opens under new owner"
1343:
641:
1312:Eclipse Aviation announces layoffs of 650 workers
863:
861:
726:
724:
2132:
1834:
1739:
1477:
1409:"Some words from staff, suppliers and customers"
1257:
1255:
783:
781:
620:
616:
614:
612:
610:
608:
1611:
1400:
1352:"NM Eclipse employees unpaid for 2 weeks' work"
942:
940:
938:
888:
886:
813:
811:
1532:
1291:"Hampsons, the FAA, the press and now this..."
1199:"'Audacious' Eclipse Claims Production Record"
1169:
1163:
1142:
1136:
922:"Eclipse Aviation may be in financial trouble"
895:"Sale of Eclipse approved by bankruptcy court"
858:
842:
838:
836:
758:
756:
754:
721:
563:
561:
559:
492:, a move supported by the company management.
2023:
1961:
1933:
1643:
1641:
1449:
1252:
949:"Eclipse Wins Collier Prize (Pre-emptively?)"
778:
668:
605:
503:, and it subsequently went bankrupt in 2018.
458:
230:in November 2008, which was converted into a
1884:
1857:
1806:
1758:
1681:
1559:
1510:
1378:
1321:
1212:
1190:
1114:
1092:
1039:
1017:
935:
883:
845:"New company to get Eclipse Aviation assets"
808:
1384:
1218:
1045:
967:
965:
833:
751:
583:
556:
2030:
2016:
1840:"Judge approves Eclipse sale date Aug. 20"
1638:
1590:
1538:
1486:"Frequently Asked Questions for Customers"
1457:"DayJet Discontinues Passenger Operations"
1422:
996:
977:"TYPE CERTIFICATE DATA SHEET NO. A00002AC"
650:"Eclipse Aviation Gets Foreign Investment"
197:, United States–based manufacturer of the
1828:
1745:"Federal judge OKs Eclipse Aviation sale"
1733:
1703:
1617:
1282:
1261:
999:"Eclipse 500 Receives EASA Certification"
765:"Eclipse Files For Bankruptcy Protection"
730:
211:The company was founded in 1998 by early
962:
867:
787:
677:"Taxpayers invested millions in Eclipse"
433:repossessed 24 engines sold to Eclipse.
305:
294:
279:
1942:"Updated: Eclipse to resume operations"
1668:
1647:
1428:
1070:"Eclipse To Produce Single-Engined Jet"
1067:
415:on Monday, July 28, 2008. The new CEO,
27:Defunct American aerospace manufacturer
14:
2133:
1591:McCarraher, Alana F. (December 2008).
1483:
1350:Conde Nast Portfolio (November 2008).
1061:
820:"Eclipse Finally Fails, Fails Finally"
674:
511:Eclipse Aviation pioneered the use of
2011:
1968:KOB TV Albuquerque (September 2009).
1940:KOB TV Albuquerque (September 2009).
1912:
1890:
1863:
1812:
1793:
1780:
1764:
1687:
1565:
1516:
1406:
1327:
1288:
1196:
1098:
1023:
946:
919:
892:
843:Robinson-Avila, Kevin (August 2009).
762:
647:
589:
567:
275:
1866:"Eclipse bidder offers $ 40 million"
1539:McCarraher, Alana (September 2008).
1466:. September 19, 2008. Archived from
1239:
1048:"Eclipse Goes Solo with Concept Jet"
817:
241:Eclipse operated service centers at
1711:"Eclipse Aviation auction date set"
1330:"Eclipse Cuts Workforce 38 Percent"
1120:
997:McCarraher, Alana (November 2008).
335:Pratt & Whitney Canada PW610F-A
24:
1815:"Eclipse Creditors Want Chapter 7"
621:Eclipse Aviation (November 2008).
570:"Raburn Steps Down as Eclipse CEO"
25:
2192:
1992:
1913:Clark, Heather (September 2009).
1893:"Eclipse Sale Expected Next Week"
1568:"Eclipse Gets EASA Certification"
1387:"Eclipse Sued For Deposit Refund"
1262:Di Piazza, Karen (October 2008).
731:Di Piazza, Karen (October 2008).
506:
243:Albuquerque International Sunport
18:EclipseJet Aviation International
2037:
1170:Aviation Today (February 2008).
1143:Aviation Today (November 2007).
1068:Warwick, Graham (May 30, 2008).
920:Clark, Anthony (November 2008).
788:Spondike, Keith (January 2009).
592:"Most Eclipse Workers Sent Home"
406:Financial challenges and decline
151:Vern Raburn (CEO from 1998–2008)
45:
1864:Marsh, Alton K. (August 2009).
1717:. December 2008. Archived from
1429:Thurber, Matt (November 2008).
1304:
1046:Trautvetter, Chad (July 2007).
973:Federal Aviation Administration
893:Marsh, Alton K. (August 2009).
703:"What Went Wrong with Eclipse?"
648:Clark, Heather (January 2008).
354:National Aeronautic Association
343:European Aviation Safety Agency
2156:1998 establishments in Arizona
1648:Thurber, Matt (January 2009).
1517:Grady, Mary (September 2008).
675:Bohman, Bill (November 2008).
473:debtor-in-possession financing
13:
1:
2151:Companies established in 1998
1970:"Eclipse is back in business"
1813:Niles, Russ (February 2009).
1688:Niles, Russ (December 2008).
1566:Niles, Russ (November 2008).
1076:. McGraw-Hill. Archived from
947:Niles, Russ (February 2006).
818:Russ, Niles (February 2009).
763:Niles, Russ (November 2008).
623:"History of Eclipse Aviation"
590:Grady, Mary (February 2009).
550:
1765:Niles, Russ (January 2009).
1407:Price, Shane (August 2008).
1289:Price, Shane (August 2008).
1197:Niles, Russ (January 2008).
255:Albany International Airport
247:Gainesville Regional Airport
191:Eclipse Aviation Corporation
40:Eclipse Aviation Corporation
7:
1891:Grady, Mary (August 2009).
1618:Charter X (November 2008).
1385:AvWeb staff (August 2008).
1328:Niles, Russ (August 2008).
1219:AvWeb Staff (August 2008).
1121:Pew, Glenn (October 2007).
533:
331:Williams International EJ22
271:History of Eclipse Aviation
10:
2197:
1245:Over and Out Inc, et al.:
1123:"Eclipse Lays Off Workers"
1024:Niles, Russ (March 2008).
459:Bankruptcy and liquidation
431:Pratt & Whitney Canada
329:Originally powered by two
268:
264:
31:
2176:Collier Trophy recipients
2112:
2076:
2045:
1999:Eclipse Aviation homepage
1690:"Eclipse Auction Jan. 14"
1484:DayJet (September 2008).
568:Niles, Russ (July 2008).
175:
165:
155:
140:
124:
114:
106:
98:
88:
76:
66:
56:
44:
1099:Niles, Russ (May 2008).
868:Taragana (August 2009).
287:flight test aircraft at
32:Not to be confused with
1767:"Eclipse Sale Approved"
518:Eclipse also developed
377:Wallops Flight Facility
301:Albuquerque, New Mexico
195:Albuquerque, New Mexico
130:Albuquerque, New Mexico
1799:The Ad Hoc Committee:
1786:The Ad Hoc Committee:
1026:"Collier Irrelevance?"
317:
303:
292:
51:Logo from 2000 to 2008
1547:on September 26, 2008
513:friction stir welding
469:Chapter 11 bankruptcy
359:On July 23, 2007, at
309:
298:
283:
228:Chapter 11 bankruptcy
1656:on February 12, 2009
1473:on October 10, 2008.
1318:from August 26, 2008
1270:on December 10, 2010
1005:on February 12, 2009
901:on December 30, 2009
709:on February 13, 2009
629:on November 13, 2008
232:Chapter 7 bankruptcy
215:employee and former
208:single-engined jet.
110:Chapter 7 bankruptcy
1721:on January 13, 2009
1599:on December 3, 2008
1498:on October 10, 2008
1310:The Canadian Press
1178:on December 5, 2008
1151:on December 1, 2008
739:on January 16, 2009
369:Eclipse Concept Jet
322:Scottsdale, Arizona
299:Eclipse factory in
171:850 (February 2009)
167:Number of employees
82:Scottsdale, Arizona
41:
1872:on August 14, 2009
1674:Walrath, Mary F.:
1626:on January 6, 2009
365:Oshkosh, Wisconsin
318:
304:
293:
276:Startup and growth
39:
2128:
2127:
2063:Eclipse Aerospace
2059:
1437:on August 4, 2009
1227:on August 9, 2009
796:on August 6, 2009
683:on August 4, 2009
545:Williams V-Jet II
497:Eclipse Aerospace
397:Hampson Aerospace
385:Swift Engineering
236:Eclipse Aerospace
187:
186:
119:Eclipse Aerospace
34:Eclipse Aerospace
16:(Redirected from
2188:
2068:Kestrel Aircraft
2055:
2053:Eclipse Aviation
2032:
2025:
2018:
2009:
2008:
1987:
1986:
1984:
1982:
1965:
1959:
1958:
1956:
1954:
1937:
1931:
1930:
1928:
1926:
1921:on April 3, 2019
1917:. Archived from
1910:
1904:
1903:
1901:
1899:
1888:
1882:
1881:
1879:
1877:
1868:. Archived from
1861:
1855:
1854:
1852:
1850:
1836:Associated Press
1832:
1826:
1825:
1823:
1821:
1810:
1804:
1797:
1791:
1784:
1778:
1777:
1775:
1773:
1762:
1756:
1755:
1753:
1751:
1743:(January 2009).
1741:Associated Press
1737:
1731:
1730:
1728:
1726:
1707:
1701:
1700:
1698:
1696:
1685:
1679:
1672:
1666:
1665:
1663:
1661:
1652:. Archived from
1645:
1636:
1635:
1633:
1631:
1622:. Archived from
1615:
1609:
1608:
1606:
1604:
1595:. Archived from
1588:
1579:
1578:
1576:
1574:
1563:
1557:
1556:
1554:
1552:
1543:. Archived from
1536:
1530:
1529:
1527:
1525:
1514:
1508:
1507:
1505:
1503:
1497:
1491:. Archived from
1490:
1481:
1475:
1474:
1472:
1461:
1453:
1447:
1446:
1444:
1442:
1433:. Archived from
1426:
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1417:
1415:
1404:
1398:
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1325:
1319:
1316:Archived version
1308:
1302:
1301:
1299:
1297:
1286:
1280:
1279:
1277:
1275:
1266:. Archived from
1259:
1250:
1243:
1237:
1236:
1234:
1232:
1223:. Archived from
1216:
1210:
1209:
1207:
1205:
1194:
1188:
1187:
1185:
1183:
1174:. Archived from
1167:
1161:
1160:
1158:
1156:
1147:. Archived from
1140:
1134:
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1131:
1129:
1118:
1112:
1111:
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1056:
1054:
1043:
1037:
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1034:
1032:
1021:
1015:
1014:
1012:
1010:
1001:. Archived from
994:
988:
987:
985:
983:
975:(January 2008).
969:
960:
959:
957:
955:
944:
933:
932:
930:
928:
917:
911:
910:
908:
906:
897:. Archived from
890:
881:
880:
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876:
865:
856:
855:
853:
851:
840:
831:
830:
828:
826:
815:
806:
805:
803:
801:
792:. Archived from
785:
776:
775:
773:
771:
760:
749:
748:
746:
744:
735:. Archived from
728:
719:
718:
716:
714:
699:
693:
692:
690:
688:
679:. Archived from
672:
666:
665:
663:
661:
652:. Archived from
645:
639:
638:
636:
634:
625:. Archived from
618:
603:
602:
600:
598:
587:
581:
580:
578:
576:
565:
352:for 2005 by the
183:
49:
42:
38:
21:
2196:
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2190:
2189:
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2186:
2185:
2131:
2130:
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2124:
2108:
2072:
2041:
2036:
1995:
1990:
1980:
1978:
1966:
1962:
1952:
1950:
1938:
1934:
1924:
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1911:
1907:
1897:
1895:
1889:
1885:
1875:
1873:
1862:
1858:
1848:
1846:
1838:(August 2009).
1833:
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1819:
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1811:
1807:
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2003:Archive.org
1772:January 22,
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1441:November 3,
1296:October 30,
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486:Roel Pieper
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390:Eclipse 400
326:Eclipse 500
311:Eclipse 400
285:Eclipse 500
206:Eclipse 400
199:Eclipse 500
147:Roel Pieper
93:Vern Raburn
2135:Categories
1898:August 13,
1876:August 13,
1849:August 13,
1725:January 1,
1695:January 1,
1660:January 4,
1464:dayjet.com
1375:, page 12.
1335:August 25,
1294:Retrieved
1274:October 8,
1231:August 19,
905:August 21,
875:August 17,
850:August 17,
551:References
413:AirVenture
361:AirVenture
221:Bill Gates
142:Key people
2057:(History)
2046:Companies
1249:, page 5.
713:March 20,
490:Chapter 7
449:Ulyanovsk
213:Microsoft
115:Successor
80:1998; in
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2120:PhostrEx
2077:Aircraft
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575:July 28,
534:See also
520:PhostrEx
423:action.
381:Virginia
259:New York
217:Symantec
193:was the
181:Archives
156:Products
67:Industry
1975:YouTube
1947:YouTube
1106:June 2,
1084:May 31,
316:in 2007
291:in 2006
265:History
251:Florida
176:Website
99:Defunct
89:Founder
77:Founded
61:Private
1844:Forbes
453:Russia
442:DayJet
253:, and
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