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America Online sets Internet alliances

Article Abstract:

America Online Inc announced in Mar 1996 that it will give discounts to users of AT&T's WorldNet service. It also negotiated a deal with Netscape Communications Corp to distribute the Web browser Netscape Navigator. Microsoft's Internet Explorer will become the firm's primary browser.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1996
Online services, Internet services, AT&T Corp., America Online Inc., T, Contracts, Netscape Communications Corp., NSCP, AMER

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IBM issues hostile bid for Lotus

Article Abstract:

IBM tried to improve its position in the personal-computer market by making a $3.3-billion offer for Lotus Development Corp. The move caused Lotus' stock price to rise 89% between June 4, 1995, and June 5, 1995. IBM's stock fell $2.50 per share during that same period.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
Computer industry, International Business Machines Corp., IBM, Lotus Development Corp., LOTS

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Microsoft abandons deal with Intuit

Article Abstract:

Microsoft decided not to follow through with its proposed acquisition of Intuit because of expected further litigation related to Microsoft's antitrust suit filed by the federal government. The $2 billion deal raised further questions about unfair competition.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
Intuit Inc., INTU

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Subjects list: Computer software industry, Software industry, Microsoft Corp., MSFT, Mergers, acquisitions and divestments
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