Microsoft aquires firm in bid to bolster Windows NTabilities

Article Abstract:

Microsoft Corp. acquired closely held Valence Research Inc. of Beaverton, OR, to bolster the abilities of its Windows NT operating system to handle high-volume Web sites by balancing the workload among as many as 32 computers. Terms of the acquisition were not disclosed. All 5 members of Valence's technical team, including both co-founders, William L. Bain and Kyril Faenov, will join Microsoft's Windows NT development team. The acquisition will speed the release of Windows NT 5.0, a major part of Microsoft's strategy to extend Windows to the biggest corporate computing jobs.

Publisher: Dow Jones & Company, Inc.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
Software Publishers, Asset sales & divestitures, Acquisitions & mergers, Company Planning/Goals, Systems Software Pkgs, Software, Microsoft Corp., Valence Technology Inc.

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Yes! CEO resigns; Mark Shepherd named successor

Article Abstract:

Yes! Entertainment Corp. announced the resignation of Donald Kingsborough as chairman and CEO. The company has been plagued with major problems since 1996. Mark Shepherd has been appointed by Yes!'s board to replace Mr. Kingsborough. Mr. Shepherd will also be a member of the board. He will also continue to operate in his current position as chief operating officer. Mr. Shepherd is replacing David Costine in the director's position.

Comment:

Announces resignation of Donald Kingsborough as chairman and CEO; names Mark Shepherd to replace him

Author: Richards, Bill
Publisher: Dow Jones & Company, Inc.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
Game, Toy, and Children's Vehicle Manufacturing, Executive changes & profiles, Toys, Company Personnel, Yes! Entertainment Corp.

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Subjects list: United States, Article
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