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100% Tucci says no to Novell[LiveLink]

    Summary: Tucci says no to Novell. Wang (Billerica, MA) CEO Joseph Tucci was handed an $8 million thank you note from his board of directors following the $260 million sale of Wang's software unit to Eastman Kodak (Rochester, NY). Under the premise of a "retention bonus" because Tucci declined an offer to head Novell (Orem, UT), Wang acknowledges Tucci's role in the recent divestiture. Analysts speculate...
91% For $260 million, Kodak enters imaging softwar...[LiveLink]
    Summary: For $260 million, Kodak enters imaging software with a bang. By Bruce Hoard, IW executive editor Industry watchers largely agree that Kodak's $260 million purchase of Wang's software business is money well spent. In addition, Yockelson believes Kodak is better positioned to make the software business a success than was Wang. "Kodak is emotionally committed to the technology, where Wang was...
91% It's a done deal Eastman Software is born[LiveLink]
    Summary: Eastman Software is born. MA) software business. The new unit will serve as a separate subsidiary under Kodak's Business Imaging Systems organization, bearing the name Eastman Software. "Eastman Software is a dumb name, especially when you consider that one of the world's most highly recognized brand names was available," said IDC's (Framingham, MA) Gerry Murray. Kodak has acquired Wang...
91% Wang takes a Vantage[LiveLink]
    Summary: Wang takes a Vantage. Wang's Service Business Unit will continue to partner with PC Docs, providing services to DOCS Open software customers. But everyone thought it would be PC Docs." "Wang got the technology they were after," said Frappaolo, "and they got a vendor strong in the standards arena." Standards-based Wang is committed to open architecture.
90% Desktop document imaging comes of age[LiveLink]
    Summary: Wang and Visioneer. Wang (Billerica, MA) and Visioneer (Palo Alto, CA) have announced an agreement that will bring together Wang's imaging software and Visioneer's leading desktop paper-scanning PaperPort. The agreement will provide users of Windows 95 with tools for transforming and managing paper documents as digitized images. By the end of the year, support for PaperPort will be added to...
90% Kodak set to buy Wang's software[LiveLink]
    Summary: Imaging World, October 21st, 1996 Kodak set to buy Wang's software. For Kodak, it's a missing piece, for Wang it's $$$ and focus. On the other hand, he continued, "Kodak may be offering a reasonable sum, which Wang can then turnaround and subsequently complete an acquisition of its own." David Yockelson, director of the Meta Group is skeptical, and hopes Kodak holds its offer below $200 million....
89% Wang is no lame duck Although the presence of ...[LiveLink]
    Summary: Imaging World, March 17th, 1997. Wang is no lame duck. Although the presence of Kodak is expected to be felt at AIIM, Wang's software unit will still be owned by Wang and could have a hard time not coming off as a lame duck, given the impending acquisition by Kodak. At any rate, Wang will be demonstrating its newly released Imaging for Windows Professional Edition as well as its other imaging...
88% 50 who make a difference[LiveLink]
    Summary: Delphi Consulting Group. Imerge Consulting. Wang. Arthur Gingrande, IMERGE Consulting 13. William Stratigos, Wang 40.
87% Wang healthcare initiative eases pain for phy...[LiveLink]
    Summary: Wang healthcare initiative. Bruce Ryan, president of Wang Healthcare Information Systems, told IW that the company has worked on the healthcare enhancements for 18 months and has developed a new product browser. Marion McFarland, president and CEO of UCI Medical (Columbia, SC), says that he is optimistic about the use of Physicians' Workstation in his medical facility. UCI Medical staff have...
87% People 4-7-97[LiveLink]
    Summary: Software developer Cascade Systems (Andover, MA) names George Farnham OEM sales manager. He joins from Archetype. Farnham is responsible for the development of OEM channels for the company's product suite. Cunningham joins from Software 2000 where he was corporate controller. Celerity (Knoxville, TN) names Kenneth D. Van Meter CEO.
85% Openimage for AS400[LiveLink]
    Summary: Open/image for AS/400. An open, client-server solution uniting fax documentation and image management is being introduced jointly by Wang (Billerica, MA) and Biscom (Chelmsford, MA). Open/image for AS/400 unites document imaging and workflow in the AS/400 environment and provides imaging capabilities to applications running on IBM's AS/400R host system. Wang is using Biscom's FaxCom fax server...
85% Bottom Line[LiveLink]
    Summary: Revenue for the fourth quarter was $268.1 million, compared to $285 million in the prior fiscal year. Fourth quarter revenues from the company's OPEN/software grew to $15 million, up from $8.5 million in the prior year's quarter. Wang reports that fiscal 1996 earnings were $138 million vs. Revenues for the year were $1.09 billion, up 15% from $947.2 million in fiscal year 1995. Revenues for the...
83% Bottom Line 12-16-96[LiveLink]
    Summary: The quarterly figures compare to revenue of $264.2 million, and a net loss of $20.7 million in the same quarter a year ago. "We are particularly pleased to have completed the I-Net acquisition during the quarter," said Joe Tucci, Wang CEO. Further, the workflow and object management developer reports a net loss of $3.7 million for the quarter. These figures compare with revenue of $16 million and...
80% 1mage Software (Englewood, CO) appoints Tom Da...[LiveLink]
    Summary: Marchetto joins Kodak from Lockheed Martin's Astro Space division. Susan McLaughlin assumes the position of VP, Kodak Professional--a move from the Imaging Services division. Software developer Verity (Sunnyvale, CA) appoints Dennis McEvoy executive VP of products and services. Xyvision (Wakefield, MA) appoints Kevin Duffy president. Duffy has held various management positions with the software...
79% News Shorts 4-7-97[LiveLink]
    Summary: ORACLE TO INTEGRATE IA'S REMITVISION. RemitVision, from IA Corp. INTERTECH'S DOCUPACT SUPPORTS DIGITAL'S. Alpha 5/440-based NT Network Server. SCANNING A HALF-BILLION DOCUMENTS.
78% Swept Away[LiveLink]
    Summary: What features are installed versus released? This is very different from document management and control of existing documents. That's the market landscape; how do the players fit in? The Web version of the product is named Accellera, which allows for access to the document repository over the Web. Interleaf fits where the documents are complex and business critical.
78% IW World Class Solutions[LiveLink]
    Summary: It's a valuable synergy of need,. Bank officials were so amazed when the project was finished in just two weeks that they decided to create a full-scale application for employee personnel records. Both projects use ImageBASIC from Diamond Head. Employees were justifiably excited when they learned that 10,000 documents could be stored on one CD. It took about two weeks for approval.
78% Bottom Line[LiveLink]
    Summary: The figures represent a marked improvement over the Q1 '95 net loss of $6.7 million on net sales of $8 million. Autodesk (San Rafael, CA, Nasdaq: ACAD) reports net revenues of $136.3 million for Q1 '96, compared to Q1 '95 revenues of $138.7 million. The global printer and computer peripheral-products manufacturer reports second-quarter net earnings of $723 million. Indigo (The Netherlands,...
77% 1996 the year in products[LiveLink]
    Summary: From 1996 we've chosen a dozen (or so) products that burned brightly. Imagination Software (Silver Spring, MD) was another vendor embracing ActiveX in '96. A late-year hardware introduction (also by Kofax) was a product standout in 1996. Still, he sees production imaging's dominance continuing in the coming year. That, she points out, "is sort of dichotomous."
74% No company is an island[LiveLink]
    Summary: Wang also has a seat on Microsoft's ISV advisory council that no other imaging vendors have. jukeboxes. ViewStar was the first of the enterprise image and workflow vendors to forge a relationship with Microsoft and port its software to NT. Capture and component imaging. The hot area in storage is CD jukeboxes.


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