Pickens invests in venture that claims it's able to bar viruses from computers
Article Abstract:
Texas oil executive T. Boone Pickens invests in Digital Development Corp, a start-up company conducting research and development of hardware-based solutions to computer viruses. The company is expected to make a product announcement in Aug 1992. The technology utilizes chip-stored memory to search for viruses, which can destroy data. Digital Development's technology differs from software-based virus scanning products on the market and conducts hard disk scans before any software is booted. Boone invested $500,000 in the company and owns 10 percent of its operations. Digital Development will likely license the technology to other vendors. The US Central Intelligence Agency and National Security Agency have expressed interest in the technology. Following a high level of interest after the international spread of the Michelangelo virus, consumer interest in anti-virus technology has dipped. Company officials are not concerned and say that consumer interest in computer viruses is cyclical.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
U.S. Robotics has high aspirations for lowly modem
Article Abstract:
US Robotics Inc launches an aggressive marketing campaign for its modems, cutting its prices, enhancing its advertising and widening its distribution to include computer superstores and consumer electronics outlets. The marketing surge is US Robotics effort to seize a larger slice of the modem market share. The new techniques are ambitious enough to match those of Intel and Compaq. US Robotics currently holds 8 percent of the modem market share, and its biggest competitor is Motorola's Codex Corp, with 16 percent. Hayes Microcomputer Products Inc and Motorola's Universal Data Systems also lead US Robotics. The company, founded by Casey G. Cowell, has experienced 200 percent growth in revenue in two years to $112.4 million for the fiscal year ended in October 1992, and a rise of 83 cents in per-share earnings occurred during the same period.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Convex, Hewlett-Packard set to begin swapping software for supercomputers
Article Abstract:
HP and Convex Computer Corp announce a cross-licensing deal aimed at boosting the market for massively parallel supercomputers. HP will license its Unix-like HP-UX operating system to Convex for use on a new line of massively parallel computers Convex is readying for a 1994 introduction. Convex, in turn, will license software that will allow the 4,000 programs that run on HP workstations to run on Convex supercomputers. The cross-licensing agreement aims to give a boost to massively parallel computers, whose sales have lagged despite optimistic predictions. An estimated 463 massively parallel computers were sold in 1992, most of those being relatively low-end machines. Observers say a dearth of software is holding back the market.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Virtual reality is no longer in the future. Digital and Oracle to revive alliance, unveil a computer-software package
- Abstracts: AT&T team invents optical microscope that should aid in study of living cells. Scientists at AT&T's Bell Labs double record for fiber-optic transmission
- Abstracts: Nothing ventured, nothing gained. A capital option: finance companies. Alternative ways to find capital
- Abstracts: Intel earnings declined 7% in 1st quarter. Intel plans to consolidated industry lead with salvo of price cuts, new products
- Abstracts: Rising hurdles for vendors. Ten key threats to success. When failure is not an option