SGI's Belluzzo quits as CEO, chairman

Article Abstract:

Silicon Graphics Inc.'s chairman and CEO, Richard Belluzzo, resigned suddenly. Insiders indicated that he is likely to be asked to run Microsoft Corp.'s Internet operations. SGI named board member Robert Bishop to replace Mr. Belluzzo. SGI was taken by surprise by the departure, which deals a blow to the company. Mr. Belluzzo had been hired only 19 months ago to lead an effort to turn around the struggling company. Mr. Belluzzo, formerly at Hewlett-Packard Co., had led a new strategy of developing computers based on Intel Corp. chips and Microsoft software. However, on Aug.10 the company repudiated that direction and announced a restructuring that entailed selling that product line as well as its Cray computer concern. At the time, Mr. Belluzzo made positive statements about the changes. Mr. Bishop says that he is committed to the latest restructuring plan.

Officials and employees, Appointments, resignations and dismissals, Silicon Graphics Inc., Belluzzo, Richard

---

MCI, Digital, Microsoft plan joint venture

Article Abstract:

MCI, Microsoft and DEC will jointly produce and market an integrated corporate intranet solution that includes collaborative software and communications services. The three-way pact will directly compete with an agreement signed by AT&T, IBM and Netscape Communications in order to pool efforts and attempt to capture the growing corporate intranet market. The secure and convenient nature of an intranet is enhancing demand for the communications architecture, and analysts predict 1997 intranet-software sales of $1.2 billion. The agreement will leverage DEC's experience with communication-system implementation, Microsoft's Windows NT Server software and MCI's network connections. Analysts suggest that DEC may also incorporate the technology behind its Alta Vista Internet search engine into the agreement.

Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Product development, Telecommunications systems, Contracts, Cooperative agreement for product marketing, Cooperative agreement for product development, Alliances and partnerships, Intranets, Intranet, MCI Communications Corp., MCIC, Digital Equipment Corp., DEC

---

Sun, 32 concerns join identification plan

Article Abstract:

Sun Microsystems Inc. will be joined by 32 large companies as members of the Liberty Alliance Project, a group aimed at standardizing identification of online users. This standard would allow consumers using the Internet to log-on just once, whether from a PC, cell phone or other Internet device. The alliance hopes to add Microsoft Corp. as one of its members but that is unlikely since Microsoft has introduced its own Passport system, a competing service.

Data Encryption Software Pkgs, Nonmanufacturing technology, Standards, Innovations, Marketing, Encryption software, Sun Microsystems Inc., SUNW, Data security, Company technology development, Liberty Alliance Project

Similar abstracts:

• Abstracts: Apple's new items are made to back 'digital hub' view. Cendant to sell software unit to Havas S.A. Investors cheer as Phone.com, Software.com unveil merger plan
• Abstracts: MIM refines its turnaround. Morgan's plan put the big boys in a spin
• Abstracts: A 'no frills' product finds a niche in the toughest market of all. Business concedes Howard cannot win
• Abstracts: Global reach finds prejudice everywhere. The migrant equation. The scam that wasn't
• Abstracts: Food exporters go online. Foster's takes a loss on Wine Planet. Buoyancy test

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