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By BLOOMBERG NEWS | August 13, 1998
PARSIPPANY, N.J. -- Cendant Corp. said yesterday that it has hired Credit Suisse First Boston to sell its consumer software business and has agreed to sell an Internet publishing unit for about $510 million in cash and stock.The company said its software group, one of the world's largest makers of personal computer programs for consumers, could be sold in an initial public offering or to a third party. Two of its parts, Sierra On-Line Inc. and Davidson & Associates Inc., were acquired two years ago for $1.9 billion in stock.
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BUSINESS
By WILLIAM PATALON III and WILLIAM PATALON III,SUN REPORTER | October 12, 2005
When it was first formed in 1999, Proteus Technologies LLC was named after an ancient Greek sea god whose gifts were an ability to change form and foretell the future. It has lived up to its namesake. Six years later, the Columbia company has changed its focus, hired the wife of a founder as chief executive and seen its revenue soar nearly 3,800 percent. Yesterday, the privately held firm - now entrenched in the homeland-security software business - was named Maryland's fastest-growing high-tech company over the past five years.
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BUSINESS
By WILLIAM PATALON III and WILLIAM PATALON III,SUN REPORTER | October 12, 2005
When it was first formed in 1999, Proteus Technologies LLC was named after an ancient Greek sea god whose gifts were an ability to change form and foretell the future. It has lived up to its namesake. Six years later, the Columbia company has changed its focus, hired the wife of a founder as chief executive and seen its revenue soar nearly 3,800 percent. Yesterday, the privately held firm - now entrenched in the homeland-security software business - was named Maryland's fastest-growing high-tech company over the past five years.
NEWS
By Alec MacGillis and Alec MacGillis,SUN STAFF | September 20, 2004
In benefiting from No Child Left Behind, the education software industry can point to two factors: influence in Washington and plain old good timing. The industry -- a $2.3 billion-per-year concern, according to Eric Bassett of Eduventures, a Boston market research firm -- is well-connected in Washington. Its companies include several former high-ranking federal education officials on their boards and have given to both parties in recent years, including to George W. Bush when he ran for president.
NEWS
By Alec MacGillis and Alec MacGillis,SUN STAFF | September 20, 2004
In benefiting from No Child Left Behind, the education software industry can point to two factors: influence in Washington and plain old good timing. The industry -- a $2.3 billion-per-year concern, according to Eric Bassett of Eduventures, a Boston market research firm -- is well-connected in Washington. Its companies include several former high-ranking federal education officials on their boards and have given to both parties in recent years, including to George W. Bush when he ran for president.
BUSINESS
By Jay Hancock and Jay Hancock,SUN STAFF | February 29, 1996
For Microsoft Chairman Bill Gates, life's defining moment came when, as a teen-ager, he started working a primitive computer at the private school he attended.For Baltimore native Frank Moss, another fortyish computer tycoon, youthful inspiration spoke with a different voice. It had bad legs, frequented Memorial Stadium and wore a blue and white jersey with No. 19."Johnny Unitas was a role model for us all," remembers Mr. Moss. "One of the formative events was the championship game of '58, when the Colts and Unitas came from behind to go into overtime and beat the Giants.
NEWS
June 28, 1993
Ramsearch Co., a software development business, is moving its headquarters to Crofton from College Park next month.The company's programs can be used with military and commercial products, County Executive Robert R. Neall said."
BUSINESS
By Stacey Hirsh and Stacey Hirsh,SUN STAFF | March 22, 2001
Opnet Technologies Inc, a Bethesda software company, said yesterday that it agreed to buy a North Carolina software business, NetMaker, in a cash and stock deal. NetMaker is a division of Make Systems Inc., a privately held software company in California. The deal is expected to close at the end of the month. Opnet's shares fell $1.63 yesterday to $12.44 after the announcement. At that price, the value of the deal - $5 million in cash and up to 675,000 shares of Opnet - would be as much as $13.4 million.
BUSINESS
January 25, 1993
NYNEX, Philips plan 'screen phone' systemIn another step aimed at making telephones operate more like computers, NYNEX Corp. and a unit of Philips Electronics NV said last week that they will develop a screen telephone system that will make it easier to bank and shop from home.Users will be able to see text on a screen while simultaneously hearing directions from their bank, a catalog shopping service or other information services, such as electronic white pages.Software giants ruled industry in 1992The world's biggest software companies gobbled up almost three-fourths of the market during 1992, in a trend toward industry consolidation that is likely to continue.
TOPIC
By Mark Minasi | November 28, 1999
PICTURE THIS: You go into a store to buy a microwave oven. You plunk down $200 and take it home. You try to cook some things, but after a few hours you're still burning everything that you put into it -- that is, when it doesn't stop working in mid-preparation, requiring you to unplug it and then plug it back into the wall to get it to start responding to your commands again.It's not a satisfying experience, but you tell yourself with resignation that the problem is you're just not "appliance literate," and perhaps you could get this thing to cook some great dishes if you'd sign up for those Microwave Science classes at the local community college.
BUSINESS
By BLOOMBERG NEWS | August 13, 1998
PARSIPPANY, N.J. -- Cendant Corp. said yesterday that it has hired Credit Suisse First Boston to sell its consumer software business and has agreed to sell an Internet publishing unit for about $510 million in cash and stock.The company said its software group, one of the world's largest makers of personal computer programs for consumers, could be sold in an initial public offering or to a third party. Two of its parts, Sierra On-Line Inc. and Davidson & Associates Inc., were acquired two years ago for $1.9 billion in stock.
BUSINESS
By Jay Hancock and Jay Hancock,SUN STAFF | February 29, 1996
For Microsoft Chairman Bill Gates, life's defining moment came when, as a teen-ager, he started working a primitive computer at the private school he attended.For Baltimore native Frank Moss, another fortyish computer tycoon, youthful inspiration spoke with a different voice. It had bad legs, frequented Memorial Stadium and wore a blue and white jersey with No. 19."Johnny Unitas was a role model for us all," remembers Mr. Moss. "One of the formative events was the championship game of '58, when the Colts and Unitas came from behind to go into overtime and beat the Giants.
BUSINESS
By Lyle Denniston and Lyle Denniston,SUN NATIONAL STAFF | June 23, 2000
WASHINGTON - In a rare display of agreement, the warring parties in the Microsoft Corp. antitrust case jointly notified the Supreme Court yesterday that they will have the case ready for the justices by late summer. U.S. Solicitor General Seth P. Waxman, the government's top advocate at the Supreme Court, said Microsoft will file its opening papers July 26. The Justice Department and the states will reply 20 days later, and Microsoft will answer them a week later - completing the schedule by Aug. 22. If normal schedules had been followed, the case would not have been fully developed until late September.
NEWS
By Kerry O'Rourke and Kerry O'Rourke,Sun Staff Writer | June 28, 1994
The Mount Airy Planning and Zoning Commission voted unanimously last night to give conditional approval to a Seattle couple's site plan to convert the old town firehouse into a microbrewery.Some commission members expressed concern there might not be enough parking, but Town Planner Teresa Bamberger said the site plan addresses that issue.Former Mount Airy residents Julie and Reid Allison III have signed a contract to buy the fire hall at 233 S. Main St. and convert it to a restaurant/brewery.
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