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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play

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To: Robert G. Harrell who wrote (460)9/15/1999 10:53:00 AM
From: Mitchell B. London  Read Replies (1) of 522
 
MICROSOFT CORP (95-1/16, before open) agreed to acquire VISIO CORP (33-1/2, before open) in a stock swap valued at $1.3 bln. Microsoft said Visio will operate in Microsoft's Business Productivity Group. Visio will remain separate from the Microsoft Office family of products. Visio designs Microsoft-based software programs with drawing and technical diagram capabilities. Visio has 30.2 million shares outstanding.
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