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But Wait, There's More . . .
IBM has remained the top server vendor in the world, according to revenue statistics compiled by Gartner's Dataquest market research unit. The overall server market, says Dataquest, contracted by 8.7 percent in the first quarter of 2002, with worldwide revenues among all server vendors amounting to $3.9 billion. IBM had 29.3 percent of that overall market, and gained 1.3 percent of market share compared with last year's first quarter. Sun Microsystems gained 2.2 points of share and was the number-two worldwide server vendor, with 23.6 percent of revenues. The new Hewlett-Packard, formed by the merger of HP and Compaq, got 22.2 percent of the market and is losing share slightly as it digests Compaq. Dell also saw its share of revenues dip as it radically cut prices at the low end of the server market to boost its volumes. Dell got 10.3 percent of revenue market share in the first quarter of 2002, down nearly 2 percent.
IDION Technology Holdings, the South African parent company of high availability software vendor Vision Solutions, has told its rival DataMirror, which launched a hostile takeover bid for IDION several months ago, that its final offer of 180 Rand cents per share to takeover the company is too low. At current exchange rates, DataMirror's final offer values all of IDION at $19.4 million, a substantial increase over its second offer, which valued IDION at $12.2 million and was nearly triple that of the first offer DataMirror made. IDION and its financial advisors say that is not enough money, and say further that they have secured 54 percent of the voting shares of IDION against the deal. This makes it very unlikely that DataMirror can muster the 50 percent plus one share that it needs to takeover IDION.
J.D. Edwards will begin reselling data transformation software from Informatica as part of its business intelligence offerings for the WorldSoftware and OneWorld ERP suites, the two companies announced last week. Informatica's technology is able to extract data from just about any type of data store, integrate it with other data sources, and then load it into a data warehouse for analysis. Last July, Informatica broke into the legacy IBM space with the unveiling of PowerConnect for AS/400 and PowerConnect for Mainframe. J.D. Edwards said it expects to begin shipping its Informatica-powered Business Intelligence product by the third quarter of 2002.
ROI last week reported revenues of $1.8 million for the third quarter of the 2002 fiscal year, which ended March 31, 2002, an increase of more than 60 percent from the same fiscal quarter last year. ROI has expanded its market position significantly with purchases of software companies in the last year. The company is still digesting its acquisitions, which is shown through a one-time hit of more than $600,000 last quarter for goodwill related to the acquisitions. ROI also reported that it brought in more than $6.4 million in revenues for the nine months ended March 31, 2002, a substantial increase over the $2.4 million brought in for the same period last year.
Ron Vangell last week was appointed as the chief executive officer of Gauss Interprise, the German-American provider of enterprise content management software for OS/400 and other platforms. Vangell had been the CEO of Irvine, California, based Magellan Software before Gauss bought it in the spring of 2000, and he most recently had been the chief operating officer of Gauss' operations in North and South America, working out of its co-headquarters in Irvine; the other co-headquarters is in Hamburg, Germany. Vangell, like other CEOs at IT companies, faces challenges. Gauss reported that revenues in fiscal 2001 declined six percent, to 32.8 million Euros, in a worldwide economy that has been kind to few technology companies. As part of its break-even imitative that started last year, the company sold off its U.S. consulting subsidiary, closed operations in France, Spain, and Sweden, and laid off about 50 percent of its worldwide workforce, or 250 employees, to cut costs and make ends meet. Vangell takes over the CEO position from Heino Büchner, who resigned last year but remains on the advisory board for Gauss Interprise Group, a Gauss Interprise subsidiary, to help guide the company during its transition. In his capacity as CEO, Vangell will concentrate on worldwide marketing and sales, Gauss said. At the same time, the company announced that Olaf Siemens, formerly the chief operating officer for Gauss' operations in Europe, the Middle East, and Africa, will go back to research and development as the chief technology officer.
Jack Henry & Associates announced last week that its president, Terry Thompson, will retire at the end of this year. Since Thompson joined the company as its chief financial officer in 1990, the annual revenue for Jack Henry, which provides midrange banking software for the OS/400, Unix, and Windows platforms, has grown from $15 million to $365 million. Jack Prim, currently the software company's chief operating officer, will take over as president in January 2003, and Tony Wormington will be promoted to chief operating officer from his current position as general manager of technology services.
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Last Updated: 5/19/02 Copyright © 1996-2008 Guild Companies, Inc. All Rights Reserved. |