Abstracts » Business, general

Microsoft to invest $135 million in Corel

Article Abstract:

Microsoft will buy 24 mil nonvoting preferred shares of Corel for $5.63 per share. The investment is convertable to a 25% stake in Corel. The agreement also calls for the resolution of lawsuits between the companies. In addition, Corel will participate in Microsoft's .NET initiative, an ASP plan. Corel's WordPerfect software competes against Microsoft Word, but Microsoft has the dominant market share. Some observers link Microsoft's propping up of a sagging competitor with the software giant's antitrust appeal, a connection Microsoft denies.

Canada, Capital funds & cash flow, Statistical Data Included, Corel Corp., CORL

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Microsoft discusses a possible investment in News Corp's satellite-television unit

Article Abstract:

Microsoft Corp. and News Corp. are discussing the possible investment in Sky Global Networks Inc., that would result in Microsoft owning a 3.5% stake in Sky Global. Sky Global Networks Inc. is a global satellite TV unit of News Corp. News Corp. is planning to take Sky Global public later this fall.

Australia, Capital expenditures, Newspapers, Newspaper Publishers, Telephone communications, exc. radio, Satellite Communications, Satellite Telecommunications, Management, Newspaper publishing, Satellite communications services industry, The News Corporation Ltd., NWS, Sky Global Networks Inc.

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Microsoft is investing $30 million in Wink Communications deal

Article Abstract:

Wink Communications Inc. has divested an almost 10% stake of itself to Microsoft Corp. in a communications deal that could potentially be a great success for both parties. The attempt is to use Wink's telecommunication capabilities and Microsoft's WebTV and have access to it over regular telephone lines instead of cable.

Expenditures & obligations, Planning, Company business planning, Wink Communications Inc.

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