SAP plans spin-off of Internet entity

Article Abstract:

Germany's SAP AG has announced the formation of a new subsidiary called SAPMarkets. SAP, which has its U.S. headquarters in Newtown Square, Penn., will invest $500 million in the Palo Alto, Calif.-based subsidiary.

California, Parent-to-subsidiary activities, SAP AG, SAP, SAPMarkets

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Area software firm heads online to build a new niche

Article Abstract:

Exton, PA-based Bentley Systems Inc. has launched a new online venture, Viecon. The first part of the Web venture, Viecon.com, is debuting today as an "extranet" service for companies that build projects.

On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Services introduction, Pennsylvania, Internet services, Bentley Systems Inc.

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Executive defends Microsoft's 'right to innovate'; Robert J. Herbold, speaking in Phila., was optimistic that a settlement could be reached with the government

Article Abstract:

Microsoft's EVP & COO stated that his company is extremely disappointed in the judge's ruling last Monday that Microsoft competes unfairly and that consumers were being deprived of 'important innovations' as a result.

Legal issues & crime, Strategy & planning, Microsoft Corp.

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