Curbing digital dillydallying on the job

Article Abstract:

Employers struggle to end the unnecessary e-mail and Internet communications that are consuming a growing percentage of their employee's workdays. Some employers resort to threats of stern disciplinary measures for any detected abuses of e-mail and the Internet. Other managers employ surveillance software to force workers to concentrate on their work. Employers worry about the ease of leaking company secrets via e-mail, as well as the risk of having their company's reputation tarnished by Internet-based employee correspondence. Lack of employee productivity is also a main concern of management. Nielsen Media Research recently found that employees of IBM, Apple, and AT&T collectively visited Penthouse magazine's Web site 12,823 times during one month in 1996. Despite the increasing vigilance of employers in combatting online abuses by their employees, most concede that the advantages of e-mail and Internet access supercede the potential dangers.

Telegraph & other communications, Wired Telecommunications Carriers, Electronic Mail Services, Business Software Pkgs NEC, Forecasts and trends, Industry trend, Management issue, Electronic mail systems, E-mail, Email, Information services, Information services industry, Employee rights, Employee discipline, Industrial productivity, Internet access, Access control (Computers), Computer access control, Productivity

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Marimba's hot Castanet spotlights CEO

Article Abstract:

Marimba CEO Kim Polese is making a name for herself through the development of software technology for distributing applications over networks. Polese left Sun Microsystems, where she was the product manager for the Java programming language, to start Marimba. The company has developed Castanet, a technology that speeds the transfer of software and graphics over the Internet. Castanet employs a special approach to downloading software and is capable of upgrading network users' software, even while they are using their computers. Netscape is configuring its software to work with Castanet. Polese is not a programmer, but is known for her ability to identify the heart of a problem and make quick adjustments when necessary. Marimba now has 20 employees and recently received $4 million in venture capital financing. Polese expects to double the size of her work force within the next year.

Software Publishers, Communication Software Pkgs, Computer software industry, Software industry, Telecommunications software, Company Business Management, Company Employee, Marimba Inc.

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KLA agrees to purchase rival Tencor

Article Abstract:

KLA Instruments Corp has agreed to purchase Tencor Instruments Inc in order to better its position within the semiconductor tools industry market. If the acquisition, is able to survive anti-trust scrutiny, KLA Instruments will dominate the chip inspection tools market. Under the terms of the proposed agreement, KLA has agreed to trade one of its shares for each one of Tencor's outstanding shares. Based on Tencor's reported 31.6 million outstanding shares for its quarter ending Sep 30, 1996, and KLA's closing $40.875 stock price on Jan 14, 1996, the proposed transaction will equal $1.3 billion. Despite the fragmentation of the industry, KLA has reported more than doubling its net yearly income to $120.9 million. KLA's lawyers do not foresee any antitrust issues arising from the deal, and the company hopes that the deal will be completed during the quarter ending Jun 30, 1997.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Instruments to measure electricity, Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals, Test & Measuring Equip, Instrument industry (Equipment), Mergers, acquisitions and divestments, Semiconductor production equipment industry, Company analysis, KLAC, KLA Instruments Corp., Company Acquisition/Merger, Tencor Instruments Inc., TNCR

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