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99% Wang solid results outweigh criticism[LiveLink]

    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.
92% 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....
92% 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% 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...
89% News Shorts 12-16-96[LiveLink]
    Summary: .. Giga doles gold. PC Docs partners have ESP. Each of the software companies is delivering solutions that integrate with DOCS Open. ISIS not lacking Imagination. IMAGinE with Pixel engines is available from Imagination Software at prices starting at $1,000.
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...
86% 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...
86% 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...
85% NCS buys Nestor ICR[LiveLink]
    Summary: NCS buys Nestor ICR. IS giant acquires Nestor's character recognition unit. The agreement gives NCS exclusive use of Nestor's character recognition and intelligent character recognition (ICR) technology. While Wright doesn't foresee an ICR product with that kind of accuracy, ("a 4 will always look like a 9"), he acknowledges the advantage of NCS' superior resources. With resources like that,...
85% Solutions earn Giga gold[LiveLink]
    Summary: Solutions earn Giga gold. Two of FileNet's customers, Bank of America's Credit Operations and Westinghouse's Energy Systems, were honored in the imaging category of the 1997 Giga Excellence Awards. The Credit Operations unit of Bank of America took home the Gold Award for its use of FileNet WorkFlo Business System software as the basis of a high-speed credit application document imaging system...
85% 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...
85% Veteran consultant Green joins growing KC-base...[LiveLink]
    Summary: Veteran consultant Green joins. Apex Associates (Kansas City, MO) and Image Consulting Group (Huntington Station, NY) have agreed to consolidate operations. Hugh Green of Image Consulting Group becomes a principal of Apex, overseeing East Coast operations, which will be based in Huntington Station. As a management consultant, Green concentrates on business process management, planning and...
84% 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.
84% Making a name for yourself[LiveLink]
    Summary: Making a name for yourself. Image is everything, but name recognition counts. What many users need is beyond their reach. What they can afford-and still trust-won't meet the need. All it had to do was lend its name.
83% 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."
83% Industry in the mirror[LiveLink]
    Summary: "Despite some success stories, there are a lot of reasons to say that imaging is on more of a decline than an upswing. Clearly, these technologies have had an impact on imaging, but we have seen it more in the document management space. You could also say that even as imaging becomes more mass market, there have been other impacts from neighboring technologies. COLD is a technology that has a leg...
82% Process awards honor excellence in solutions[LiveLink]
    Summary: Process awards honor excellence in solutions. Army's Gulf War project wins Vision Award. AIIM (Silver Spring, MD) and the consulting group Kinetic Information (Waltham, MA) named the winners of the 1997 Process Innovation Awards. Presented at the AIIM show, the awards recognize "the most innovative corporate applications of information management technologies." A special Vision Award honoring...
81% Optika IPO: good idea, bad timing[LiveLink]
    Summary: Imaging World, September 1st, 1996. Optika IPO: good idea, bad timing. By Bruce Hoard, IW executive editor Call it a case of very bad timing. Fortunately, the 1996 numbers have bounced back. "No," says Ruport.
81% 1996 the year in review[LiveLink]
    Summary: This turned out to be a nightmare­on the good days. Wang ascends ... to somewhere. Long-term impact: Not to worry. Long-term impact: CDIA is just too good an idea to flop, and it won't. Long-term impact: The virtual potential here is so great that it's hard to figure out where to start.
81% 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...


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