Kaleida Closed Down; Taligent to Follow? On 17-Nov-95 Apple and IBM announced the closure of their joint venture Kaleida Labs, and plans to transfer the multimedia programming language ScriptX and other Kaleida technologies to Apple. Most Kaleida employees are being offered jobs with IBM or Apple, and both companies retain full licensing rights to Kaleida technologies. Apple is expected to roll ScriptX into tools for QuickTime and QuickDraw 3D. Neither company cited reasons for closing the venture, but reports have hinted at financial difficulties and problems due to Apple's and IBM's different technology priorities and corporate cultures.

http://www.kaleida.com/news/nov17.html

Additionally, there are reports Apple, IBM, and Hewlett-Packard may be considering closing down Taligent, another joint-venture formed to design object-oriented operating systems for future computing platforms. These reports follow the resignation of Taligent president Joe Guglielmi in September, and the unfortunate death of acting president Richard Guarino of a heart attack in late October. [GD]

http://www.taligent.com/