excite for web servers found documents about: (Query-By-Example) - higher confidence, - lower confidence; click icons to find similar documents 99% Kodak set to buy Wang's software 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.... 99% Kodak and Wang in final negotiations Summary: Kodak and Wang in final negotiations. The Boston Globe, which first announced the pending deal, reports Wang is holding out for several hundred million dollars. The combined revenue of those businesses was $624 million in the fiscal year that ended in June and they accounted for nearly 60% of Wang's total sales. According to IDC, Kodak would benefit from the acquisition if it could migrate its... 95% For $260 million, Kodak enters imaging softwar... 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... 94% Kodak acquiring Wang Software Summary: Kodak acquiring Wang Software.kodak.com) and Wang (Billerica, MA, http://www.wang. Kodak will pay $260 million cash for Wang's software business. 92% Wang solid results outweigh criticism Summary: Imaging World, January 1st, 1997. Or will it be getting a marginal software player that has created an overblown image of itself? It can make the money now, or make the money later. Does Wang have a history of producing solid imaging and workflow products? According to him, "Wang has built a software business out of a couple of patents. 91% Wang takes a Vantage 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. 91% Wang's NT software sees first major update Summary: Wang's NT software sees first major update.com) has enhanced the NT versions of its document imaging and work management software. Wang estimates that sales of its NT-based Open/image and Open/workflow software account for nearly 60% of it's total production software revenues. "Sales of our Windows NT-based image and workflow products have exceeded our expectations" said Bob Weiler, president of... 91% Wang is no lame duck Although the presence of ... 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... 90% Desktop document imaging comes of age 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... 89% Wang CEO awarded $8 million to stay Summary: Wang CEO awarded $8 million to stay.wang.com). Under the premise of a "retention bonus" because Tucci declined an offer to head Novell (Orem, UT, http://www.com), Wang acknowledges Tucci's role in the recent divestiture. 89% Tucci says no to Novell 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... 88% 50 who make a difference Summary: Delphi Consulting Group. Imerge Consulting. Wang. Arthur Gingrande, IMERGE Consulting 13. William Stratigos, Wang 40. 88% Wang healthcare initiative eases physicians' pain Summary: Wang healthcare initiative eases physicians' pain.wang.com) has announced several new healthcare initiatives. The move is geared to improve healthcare providers' access to crucial medical and administrative documents. The initiatives include Web-enabled enhancement to Wang's Physicians' Workstation, the Wang Sole Source Healthcare Solution, and a strategic alliance with the computer technology... 87% Bottom Line 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... 87% Biscom and Wang introduce Open/image for AS/400 Summary: Biscom and Wang introduce Open/image for AS/400.wang. Open/image for AS/400 unites document imaging and workflow in the AS/400 environment and provides imaging capabilities to applications running on an IBM's AS/400R host system. Wang is using Biscom's FaxCom fax server solution as the standard back-end for fax for Open/image for AS/400. "Wang's Open/image for AS/400 imaging and workflow goes on... 87% It's a done deal Eastman Software is born 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... 87% Richardson made Wang general manager Summary: Richardson made Wang general manager. (Thursday, January 16, 1997, 8:47 am) Fred Richardson is general manager of Wang's (Billerica, MA, http://www.wang.com) Storage Management Group, which was formed after the recent acquisition of Avail Systems. Richardson will oversee the group's product direction as well as operations at the Boulder, CO, location. 85% Eastman Software is born Summary: (Posted: Friday, April 4, 1997, 8:24 AM) After years of speculation, months of anticipation and weeks of negotiation, Eastman Kodak (Rochester, NY) has completed the acquisition of Wang's (Billerica, MA) software business. 84% Bigger, better, faster, cheaper High-speed s... Summary: Image quality is affected by image enhancement. * a background concern that producing the images will increase the cost to unacceptable levels. * cost. * Better image enhancement. Data prep is reduced if pages can be automatically turned. 83% Anatomy of an acquisition Summary: Then there are the investor community considerations, like share price. In an acquisition, both the business and the investor perspectives play key roles. More than earnings, more than market validation, more than anything, growth was important; specifically, revenue growth. We could invest more in our technology and our marketing. We never thought they would grow from the acquisition as they...
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