Software industry
Alternative Resources Corporation has announced a significant milestone in its financial operations, agreeing with IBM to terminate an escrow agreement worth $20.0 million, related to its acquisition of CGI Systems, Inc. in November 1997. The agreement, valued at approximately $21.5 million, includes a payout of $10.1 million
Software industry
As the global economy continues to grow and expand, the world's biggest companies are leading the charge. With the release of The Daily Telegraph's list of the world's most valuable companies in major industry sectors, we take a look at the top 15 companies
Software industry
In a groundbreaking move, WirelessKnowledge LLC, a joint venture of QUALCOMM Inc. and Microsoft Corp., has announced a comprehensive solution for wireless data devices, poised to revolutionize mobile professionals' access to corporate information. This solution addresses the long-standing complexities and time-consuming processes associated with wireless connectivity, paving the way
Software industry
Quickturn Design Systems, Inc., a leading provider of verification hardware and time-to-market engineering services, has reaffirmed its commitment to a strategic merger with Cadence Design Systems, Inc. despite Mentor Graphics' latest attempt at a hostile takeover. Quickturn's president and CEO, Keith R. Lobo, stated that the company&
Software industry
Network Solutions, Inc. (NSI), Compaq Computer Corp., and Amerindo Investment Partners have invested $13 million in Centraal Corp., a Palo Alto, Calif.-based Internet domain name service provider. As part of the deal, NSI will gain a 20% stake in Centraal and appoint one member to Centraal's board.
Software industry
Hewlett-Packard (HP) has expanded its HP Foundation Program by announcing a partnership with BEA Systems, Inc. to distribute a developer license for the BEA WebLogic application server and a trial version of Symantec VisualCafe Enterprise Suite worldwide. This move enables HP's customers to optimize the deployment of Internet
Software industry
The next release of Sun Microsystems, Inc.'s Java Development Kit (JDK version 1.2) has been announced, offering a rich feature set of new class libraries and tools for developers to create portable, distributed enterprise-class applications. Symantec Corporation has announced full support for the new JDK in its
Software industry
Autodesk's latest diagramming and drawing software, Actrix Technical, has made a significant impact in the industry since its preview at the A/E/C Show in June and its introduction at Autodesk Design World '98 in September. The software has won several awards from leading computer-aided-design industry
Software industry
Baystate Technologies has announced the release of CADKEY WIREFRAME, a new 3D Computer-Aided Design (CAD) system designed for professional engineers. This innovative product is a highly affordable and enhanced version of the classic CADKEY CAD system, first introduced in 1985. CADKEY WIREFRAME is priced at $995 and is available for
Software industry
Parametric Technology Corporation has announced that its Pro/ENGINEER(R)20 and Pro/DESKTOP (tm) 5 products have achieved compatibility with Microsoft Windows NT and Windows 98. This milestone signifies a significant achievement for the company, with nearly 50% of new Pro/ENGINEER licenses purchased being for Windows NT. The
Software industry
C-MOLD, a global leader in plastics CAE applications, has announced a significant technology advancement with the introduction of Mesh Express, a software tool that automatically converts solid models into midplane finite element models (FEM). This breakthrough is set to revolutionize the simulation process, slashing the time requirements and improving productivity
Software industry
Autodesk, Inc. has announced that it has shipped its 100,000th copy of Mechanical Desktop software to Tokyo Electron Limited, a Japan-based leading supplier of semiconductor production and electronic equipment. This significant milestone comes just two years and eight months after Autodesk's introduction of Mechanical Desktop software, an
