I2 to buy Aspect for $9.3 billion in record software deal

Article Abstract:

Aspect Development Inc of Mountain View, CA, will be acquired by I2 Technologies Inc of Dallas, TX, in a stock deal valued at $9.3 billion. The purchase, which has eclipse the $4-billion union of Sterling Commerce and Computer Associates in Feb 2000, is expected to create a dominant force in the realm of business-to-business software products. The new I2 company will have almost $500 million in revenues and 4,000 employees.

Asset sales & divestitures, Acquisitions & mergers, Aspect Development Inc., I2 Technologies Inc.

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Microsoft, AOL, Time Warner top estimates; software giant avoids battering taken by tech stocks this quarter

Article Abstract:

Microsoft Corp has posted decent earnings on Oct 18, 2000 on solid sales of software for corporate computers. Its earnings for its first quarter increased 30% to $2.6 billion, or 46 cents per share, from $2 billion, or 38 cents, in the comparable quarter in 1999. The results do not include a $375 million charge to comply with new accounting rules. It also posted $5.8 billion in revenue which shows an increase of 7% from $5.4 billion in the corresponding period in 1999.

Securities prices, Microsoft Corp.

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Oracle sees future as No. 1 software source on Net

Article Abstract:

Redwood, CA-based Oracle Corp has set a goal of becoming the number one software provider on the Internet. To achieve this goal, the world's second-largest software company, which already controls 40% of the global market for database software, has adopted several strategies. These inlcude reducing $1 billion in corporate costs, expanding its online store and partnering with firms that are evolving into e-companies.

Strategy & planning, Oracle Corp.

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