ICO Global Communications to award $130 million pact to Computer Sciences

Article Abstract:

Construction of a $4.5 billion satellite system by ICO Global Communications Holdings Ltd. will offer global mobile-phone services by a planned date of August 2000. Computer Sciences Corp. will receive a $130 million information-technology contract from ICO. ICO rivals are Globalstar LP and Iridium LLC. Hughes Space & Communications will provide satellites, Telefon AB LM Ericsson will provide switching systems, and British Telecommunications PLC and Deutsche Telekom AG will distribute ICO's services to retail customers and other phone-service providers. Computer Sciences will subcontract Hewlett-Packard Co. and Oracle Corp. to provide hardware and database systems, respectively. ICO also gave contracts to NEC Corp. and Mitsubishi Electric Corp. to manufacture 170,000 phones and is expected to give contracts to Samsung Corp. or Matsushita Electric Industrial Co. for an additional 100,000 phones.

Comment:

May receive contract to build phone from ICO for new global mobile-phone system

United Kingdom, United States, South Korea, Computer Software, Electronic Computer Manufacturing, Japan, Electrical & Electronic Equip, Electrical Equipment, Appliance, and Component Manufacturing, Germany, Market information - general, Computers & Auxiliary Equip, Telecommunications, Capital expenditures, Computer Services, Computer Systems Design and Related Services, Wired Telecommunications Carriers, Communications, Broadcasting and Telecommunications, Sweden, New orders received, Company Planning/Goals, Telecommunications Equipment, Communications Equipment Manufacturing, Other Communications Equipment Manufacturing, Telephone Communications, Market share, Other Electrical Equipment and Component Manufacturing, Electronics, Communications Satellites, Guided Missile and Space Vehicle Manufacturing, Communications Eqp ex Broadcast, Software, Telecommunications industry, Information technology services, Telecommunications systems, Telephone services, British Telecommunications PLC, Hewlett-Packard Co., Deutsche Telekom AG, Samsung Electronics Company Ltd., Oracle Corp., NEC Corp., Telefonaktiebolaget LM Ericsson, Matsushita Electric Industrial Company Ltd., Iridium L.L.C., Computer Sciences Corp., Mitsubishi Electric Corp., Boeing Satellite Systems Inc., Article, ICO Global Communications Ltd.

---

Software firm's stock reels as mainframe fears grow; Legent's shares' plunge of 36.3 percent also tied to disappointing profit estimate

Article Abstract:

The stock of Legent Corp dropped sharply due to predictions that the poor mainframe market would hurt mainframe software companies such as Legent. Legent's stock fell 36.3 percent or $10.125 on Jul 13, 1993, to $17.75, and the company lost $600 million, or 42 percent of its market value, since Jul 12, when Legent predicted that its 3rd qtr 1993 results would be only half of what was expected. Legent will take several quarters to regain credibility. Companies such as Legent must decide whether to move out of the mainframe market. Legent focuses on clients with $350 million or more in annual revenue that require large, centralized data processing. Average orders are about $100,000. Legent has broadened its product line but has had trouble selling it. Analysts say sales personnel should specialize in particular products.

Securities, Wall Street, Mainframe computers, Forecasting, Software Packages, Mainframe Computer, Stock, Losses, Legent Corp.

---

Back to Darwin; in sunlight and cells, science seeks answers to high-tech puzzles; reckless and random ways of nature often yield efficient, novel results; 'Genetic Algorithm' software

Article Abstract:

Software developers are increasingly relying upon processes that regularly occur in nature as a foundation upon which to create innovative software applications. Developers are working in conjunction with immune-system scientists in order to devise solutions to the problem of computer viruses, using the human model as a basis for understanding how viruses attack software programs. Taking knowledge of how human T-cells work to destroy unknown antibodies, program developers have created similar warning systems with computer code to alert a computer system to potential viruses. Nature's seemingly infinite capacity for trial-and-error solutions to evolutionary problems often provides creative alternatives not suggested by computer science's rigid, logical approach to problem-solving.

Systems Utilities Software Pkgs, Innovations, Forecasts and trends, Industry trend, Prevention, Computer viruses, Anti-virus software, Desktop utilities

Similar abstracts:

• Abstracts: Computer software and services industry. Computer software & services
• Abstracts: Novell unveils ambitious plan to sell software that links variety of devices. Microsoft discloses new developments emphasizing its entertainment side
• Abstracts: Computer software & services. Computer software and services. part 2
• Abstracts: US West's Continental ambitions; thanks to communications law, a Baby Bell presses to be a cable power. Have's and have-not's revisited: rich nations talk high-tech, but the poor live no-tech
• Abstracts: The three phases of implementation. How to make software proposal cost comparisons. How to choose a financial software consultant

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.