Microsoft's plan to acquire Intuit sparks closer antitrust scrutiny; justice agency seeks data from America Online, Lotus and other firms

Article Abstract:

The US Justice Dept has expanded its investigation of possible Microsoft anticompetitive practices in the computer industry in light of the software giant's proposed $1.5 billion acquisition of financial software vendor Intuit Inc. Investigators have issued subpoenas to Lotus and America Online officials to examine how Microsoft's purchase of Intuit will affect the electronic commerce market. Sources report that the subpoenas are atypically broad and are designed to further the agency's goals to acquire as much information as possible about competition and emerging opportunities in the online and financial services sectors which Microsoft seeks to enter. The Justice Dept's strategy is referred to as vertical foreclosure theory in antitrust circles and may involve complex legal arguments as regulatory representatives attempt to prove that Microsoft plans to dominate the online services market.

On-Line Information Services, Communication services, not elsewhere classified, Home TV Data Service, Computer software industry, Software industry, Microsoft Corp., Investigations, Antitrust law, Online information services, Information services, MSFT, United States. Department of Justice. Antitrust Division, Information services industry, Market domination, Market share, Online information service, Videotex systems, Competition, Investigation, Antitrust Issue

---

Dynatech set to post renewed growth in sales, profit for fiscal first quarter

Article Abstract:

Dynatech Corp expects to show improved sales and earnings for its 1st qtr 1991. Dynatech is a technology firm based in Burlington, MA, that owns dozens of businesses in fields as diverse as medical diagnostics, communications, radar detectors and auto emissions test equipment. According to Dynatech, the results for the quarter will show a healthy improvement over last year. The company will report per-share earnings for the June quarter of between 37 and 50 cents, on sales of $115 million to $120 million. Last year, net income was $3.9 million, or 37 cents per share, on sales of $102.8 million. Analysts say the communications arm of the company is the strongest at the moment, growing at a 20 percent rate year-after-year.

Communications equipment, not elsewhere classified, High technology industry, Finance, Profits, Financial Analysis Software, Profit, Financial Report, First Quarter, Acterna L.L.C., DYTC

---

IPL contracts on distribution set for Europe

Article Abstract:

IPL Systems Inc signs distribution agreements with European companies that requires a minimum purchase commitment of $45 million. The maker of disk drives and tape-based storage systems believes it will strongly contribute to growth in the first part of 1991. The agreements range from one to three years in duration and many analysts agree they will strengthen IPL's position in the European market. IPL's European sales were $6 million in 1989 and are expected to reach $12 million in 1990. The computer storage equipment maker rides on the sales of IBM's AS/400 mainframe computers, which is expected to reach 130,000 sites worldwide by the end of 1990.

Computer storage devices, Europe, Computer peripherals industry, Business planning, Distribution, Disk drives, Distribution Agreements, IPL Systems Inc., IPLSA

Similar abstracts:

• Abstracts: Personal consequences of employee commitment. Distributive and procedural justice as predictors of satisfaction with personal and organizational outcomes
• Abstracts: Applying cost accounting to factory automation. Changing performance measures at Caterpillar. Accountants overseas
• Abstracts: Transition times: distributions arising from time heterogeneous Poisson processes. Dynamically updating relevance judgements in probabilistic information systems via users' feedback
• Abstracts: Professionalization and British management practice: case evidence from medium-sized firms in two industrial sectors
• Abstracts: Raychem plans to take a charge for its 3rd period. Businessland to report loss for 3rd period. Tandem says net in quarter was below expectation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.