Lotus and Intel Partner on Data and Video Conferencing Solutions

Lotus Development Corporation and the Intel Corporation have formed a joint development and marketing agreement to create software and hardware for computer data and video conferences. The partnership involves combining Lotus Notes, the market leader in groupware, with Intel's Pro Share technology, which allows two users to view a document simultaneously and provide a voice and video connection. This collaboration aims to enable simultaneous collaboration, rather than sequential revisions, and will include products for data conferencing and video conferencing.

Key Takeaways:

• Lotus and Intel will develop a range of products, including data-conferencing and video-conferencing solutions, to enhance collaboration among team members.
• The joint development and marketing agreement will combine Lotus Notes with Intel's Pro Share technology to facilitate simultaneous collaboration.
• The partnership aims to make Lotus Notes the industry standard for groupware by entering agreements with various companies, including AT&T Corporation.
• The companies expect to release initial products within the next two years, initially based on the Microsoft Corporation's Windows operating system software.
• The agreement reflects a shared vision between Lotus and Intel to enable the PC as the primary business communications device.
• Analysts praise Lotus' willingness to collaborate with other companies to improve its products, citing the company's absence of the "not-invented-here syndrome."

Statistics:

• Intel shares rose $1.25 to $59.25 yesterday in Nasdaq trading.
• Lotus shares rose $1.375 to $35.625.
• Analysts praise Lotus' partnerships, citing the company's successful collaborations with AT&T Corporation and smaller companies.

Sources:

• "Lotus, Intel Form Joint Development Partnership,"
• "Intel and Lotus to Offer Desktop Data and Video Conferencing,"
• "Lotus and Intel Partner to Deliver Enabling Communications Technology,"