Technology Partnerships and Acquisitions Drive Growth in Local Industry

Naperville-based Spyglass Inc. has become a systems integrator for the Microsoft Windows CE operating system, following the success of its mobile database product and growing demand for Windows CE-based applications. This move demonstrates the company's dedication to expanding its offerings and serving its customers' needs. Meanwhile, Lucent Technologies Inc. has invested in Chip Express, a laser-based technology company, to co-develop advanced integrated circuits that can streamline chip design. Additionally, Praxair Inc.'s Praxair Surface Technologies unit has acquired Abler GmbH & Co. KG, a thermal spray coating equipment distributor, to establish a direct selling and service presence in Europe.

Key Takeaways:

• Spyglass Inc. has become a systems integrator for Microsoft Windows CE, leveraging the success of its mobile database product and customer demand for Windows CE-based applications.
• Lucent Technologies Inc. has made a minority equity investment of up to $10 million in Chip Express, a laser-based technology company, to co-develop laser-programmable system chips for faster ASIC design.
• Praxair Inc.'s Praxair Surface Technologies unit has acquired Abler GmbH & Co. KG, a thermal spray coating equipment distributor with $6 million in annual sales, to establish a direct selling and service presence in Europe.
• These partnerships and acquisitions indicate growing collaboration and investment in the local technology industry.
• Spyglass is already working on several related projects for Windows CE, further demonstrating its commitment to the operating system.
• Lucent's investment in Chip Express and Praxair's acquisition of Abler point to the importance of strategic partnerships and acquisitions in driving growth and innovation.
• These moves also highlight the increasing demand for Windows CE-based applications and the need for advanced integrated circuits in the technology industry.

Statistics:

• Lucent Technologies Inc.'s minority equity investment in Chip Express is up to $10 million.
• Abler GmbH & Co. KG's annual sales are around $6 million.
• The acquisition of Abler will give Praxair's specialty products group its first direct selling and service presence in Europe.

Sources:

• Spyglass Inc. - as cited in the article.
• Lucent Technologies Inc. - as cited in the article.
• Chip Express - as cited in the article.
• Praxair Inc. - as cited in the article.
• Abler GmbH & Co. KG - as cited in the article.