Novell is said to be selling its Unix division to Santa Cruz
Article Abstract:
Novell plans to sell UnixWare to Santa Cruz Operation. The move continues Novell's plan to focus on networking, where its NetWare network operating system holds 65% of the market. HP will also participate in the announcement, which is expected to be made at the Unix Expo. HP is a prominent seller of Unix for the workstation market. Novell bought Unix System Laboratories from AT&T for $320 million in 1993 in an effort to compete with Microsoft. Unix for the PC never became popular, and Santa Cruz's sales bested Novell's in the small market that did exist. Novell tried to create a single standard for Unix, donating the trademark to the X Open consortium in order to set a single standard. Problems persisted, however, as Unix at one site would not work with Unix at another site without substantial changes. Analysts claim that Novell was too slow and uncommitted in its efforts to unite NetWare and UnixWare into one network operating system.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Softkey gets ally in its bid for maker of Reader Rabbit
Article Abstract:
The Tribune Co agrees to invest $150 million in Softkey International if that company can successfully take over the Learning Co. As part of the deal, Softkey will pay Tribune $106.5 million in stock for Compton's New Media. The Learning Co has already rejected an offer from Softkey and has agreed to merge with Broderbund Software in a $560.4 million stock swap that has yet to be approved by shareholders. The Learning Co cites cultural similarities with Broderbund as one of its primary reasons for choosing that company over Softkey, which sells low-priced software from racks. Learning Co officials also point out that Softkey will have $500 million in debt once the Tribune deal is complete. Tribune would receive 5.5% convertible debentures that would mature in the year 2000 and would convert to shares of Softkey common stock priced at $53 a share. A Learning Co lawsuit against Softkey charges it with dubious financial practices.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Novell unveils ambitious plan to sell software that links variety of devices. Microsoft discloses new developments emphasizing its entertainment side
- Abstracts: Disney to merge Internet holdings with Infoseek. Internet auctioneer Ebay to add land-based rival. Checkfree sues a rival over use of technology
- Abstracts: Baby Bells square off against AT&T on calling cards, US West agreement
- Abstracts: Silicon Graphics to buy makers of special-effects software tools. Hewlett-Packard discloses chip flaw in some of its workstations, servers
- Abstracts: Plodding Genie plays catch-up. Using the Internet the Netcom way. Peering out a 'real time' window