BroadJump speeds 'broadband' installations
Article Abstract:
BroadJump Inc. anticipates sales of $10 mil in 2000. The company recently raised $20 mil in venture capital financing. The company's software is used by cable and phone companies to cut DSL service installation calls from 1 to 2 visits. An Austen Time Warner employee said using the software lowered his costs from $150 to $70 per hook up. Presently, 3.2 mil users have broadband access the Internet. By 2004, estimates say, this number will reach 44 mil.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
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BMC Software to buy Boole & Babbage in a stock swap valued at $900 million
Article Abstract:
Houston-based BMC Software Inc. agreed to a stock swap purchase of San Jose-based Boole & Babbage Inc. valued at $900 million. Acquisition-bound BMC will continue to look for companies that will enhance its business of supplying software tools to large clients such as Continental Airlines. The Boole & Babbage acquisition comes after 18 months of other purchases totalling $1.3 billion, this one being the largest to date. A company official states there is little overlap in the two firms' products and that growth is the objective rather than cost-cutting.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Computer Associates to acquire a rival; price of $3.5 billion triples recent market value of Platinum Technology
Article Abstract:
Computer Associates International Inc. is buying Platinum Technology International Inc. for an estimated $3.5 billion. Though some analysts expressed concern that CA was paying too much for its software rival, the deal's cost was thought to be CA's way of scaring off other potential buyers. Share prices reacted favorably, with Platinum's stock rising by just over $14 to $24; CA's stock rose 9% to $37. Annual revenue is estimated to be about $6 billion, with the company staying behind Microsoft and Oracle as the third largest software concern.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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