Bolivar Goldfields Seeks Financing for Champion Computer Corporation Acquisition

Strategic Insights -

Bolivar Goldfields Ltd. announced its intentions to acquire Champion Computer Corporation, a strategic move that involves IBM, Microsoft, and Champion's largest supplier, which has pre-approved Bolivar for the acquisition. The deal aims to leverage the strengths of all parties, particularly in the area of integrated office solutions. The partnership will offer a comprehensive solution to businesses, including Netfinity servers, Microsoft BackOffice Server, and Champion Computer Corporation's services.

Key Takeaways:

  • Bolivar Goldfields Ltd. seeks financing to acquire Champion Computer Corporation, a deal that has been pre-approved by IBM, Champion's largest supplier.
  • The acquisition aims to leverage the strengths of all parties, particularly in the area of integrated office solutions.
  • Champion Computer Corporation will offer a comprehensive solution to businesses, including Netfinity servers, Microsoft BackOffice Server, and its own services.
  • The Business Champions' Advantage program features two Netfinity server solutions: the Netfinity 5100 Server and the Netfinity 7100 Server.
  • The special prices for these solutions include setup and configuration services provided by Champion Computer Corporation.
  • The solutions will be available through November 1.
  • Each solution includes a BackOffice Server 4.5 suite license, client access licenses (CALs), and BackOffice Server Upgrade Advantage.
  • Program services include on-site integration of hardware components, updating BIOS levels, configuring RAID arrays, and more.
  • Netfinity servers feature innovative capabilities, including enhanced memory protection and system management processors derived from IBM System/390.
  • Champion Computer Corporation specializes in providing IT infrastructure for Web-based companies and the Fortune 2000.
  • The company has a trademarked solution, "Time to Content," which helps meet the rapidly growing storage and content needs of ISPs, ASPs, and the Fortune 2000.

Statistics:

  • The Netfinity 5100 Server is priced at $12,829, while the Netfinity 7100 Server costs $19,579.
  • The special prices include setup and configuration services provided by Champion Computer Corporation.
  • The solutions will be available through November 1.
  • Each solution includes a BackOffice Server 4.5 suite license, client access licenses (CALs), and BackOffice Server Upgrade Advantage.
  • Program services include on-site integration of hardware components, updating BIOS levels, configuring RAID arrays, and more.
  • The Business Champions' Advantage program includes two Netfinity server solutions: the Netfinity 5100 Server and the Netfinity 7100 Server.

Sources:

  • Bolivar Goldfields Ltd. (TSE:BVG)
  • Champion Computer Corporation
  • IBM
  • Microsoft
  • BusinessWire, June 29, 2000