Software industry
Lotus Development Corp. reported record revenue and net income for the fourth quarter and full year 1993, driven by strong sales of its Notes and cc:Mail products. The company's net income for the fourth quarter rose 103 percent to $29.6 million, or 64 cents per share,
Software industry
Borland International Inc.'s announcement of an update to its Borland C++ 4.0 programming language is significant, as it allows software developers to write programs that run on Microsoft Corporation's upcoming Windows 4.0 operating system, code-named Chicago. This update makes Borland the first to offer
Software industry
Computer Associates International, Inc., a leading software company, has announced strong financial growth in its third fiscal quarter ended December 31, 1993. The company's net income grew 55% to $124.19 million, or $.72 per share, from $80.21 million, or $.48 per share, for the previous year&
Software industry
Borland International Inc. announced significant financial gains in their third quarter, showcasing a revenue increase of 7.1 percent compared to the same period in fiscal 1993. Net income for the quarter, which ended December 31, 1993, was a notable $418 thousand, contrasting sharply with the net loss of $61.
Software industry
In a recent electronic mail letter to employees, Microsoft Chairman William Bill Gates warned of a "fast-moving, intensely competitive industry" and announced that the company will no longer add employees at the same rate as in the past. Despite dominating the personal computer software market, Microsoft continues to
Software industry
Micrografx Inc. has made available ABC FlowCharter 3.0, the latest version of its award-winning flowcharting tool. The new release offers improved features, including expanded shape palettes, automatic alignment, and OLE 2.0 implementation, enabling users to easily link documents from any OLE-compliant application. Additionally, all new registered users of
Software
In a competitive bidding process, Loral Corp. has secured the acquisition of IBM's Federal Systems Co. division for a staggering $1.575 billion in cash. Effective January 1, 1994, the sale is expected to close later this month, making it IBM's largest move yet to streamline
Software
AST Research Inc. has responded to the growing demand for professional multimedia solutions by announcing its new multimedia models, the Premmia and Bravo systems. These high-performance desktop systems are designed to help businesses create dynamic presentations and interactive training programs incorporating sound, color, motion video, text, and animation. Whether users
