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Tempting fruit in Silicon Valley

Article Abstract:

IBM has bid for Lotus Development in a move which is part of a wider trend toward consolidation in the software industry. US technology companies have become cash rich due to the US economic recovery. There are rumors over bids for other companies such as Apple Computer, while Novell is cited as a possible target and as a possible bidder. IBM is bidding $3.3 billion for Lotus, and this is the first hostile bid in the sector, due to a perception that human capital is important in the software industry.

Author: Cant, Rod
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
Mergers, acquisitions and divestments, Lotus Development Corp., LOTS

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Windows on a war of the world

Article Abstract:

IBM has acquired Lotus Development in a move which should ensure that software developers work on programs for IBM's OS/2 Warp operating system. Meanwhile, Microsoft is to launch its Windows 95 which some industry analysts see as likely to enhance Microsoft's dominant position in the global market for operating systems. More than 80% of PCs world wide use Windows. Mergers are likely to result from the launch of Windows 95, but Microsoft does not appear likely to lose its dominant position.

Author: Cant, Rod
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
Systems Software Pkgs, Management, Microsoft Corp., MSFT

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British business in the slow lane for Europe

Article Abstract:

UK companies are moving more slowly than those in mainland Europe to prepare for planned European monetary union (Emu). Banks will be especially affected and they tend to be relatively well prepared. Only some 20% of UK companies have calculated how much the change will cost them. The British Retail Consortium estimates that the cost to the sector will be between 3 billion pounds sterling and 3.5 billion pounds. The total cost to UK companies could be some 20 billion pounds.

Author: Cant, Rod
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
Administration of General Economic Programs, Currency Stabilization Programs, United Kingdom, International relations, European Union, British foreign relations, Monetary unions, Currency stabilization

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Subjects list: Computer software industry, Software industry, Software, International Business Machines Corp., IBM
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