FirstSense, Lucentventure sign intent letter
Reuters Story - May 18, 1998 15:18
BURLINGTON, Mass., May 18 (Reuters) - FirstSense Software
Inc. and Lucent Technologies' Visual Insights venture said
Monday they signed a letter of intent to incorporate FirstSense
software into a new Visual Insights product.
The product is expected to yield more than $2 million
revenue to FirstSense within the first two years, the companies
said in a joint statement.
The initial Visual Insights product, which will include
FirstSense's management software, will help companies measure
the performance of their business critical applications over
time, and help identify ways for Information Technology
managers to improve that performance, the statement said.
In addition to joint product development, Visual Insights
and FirstSense jointly market the product.
FirstSense, FirstSense Enterprise, and Just-In-Time
Applications Performance Management are trademarks of
FirstSense Software Inc. Visual Insights is a trademark of
Lucent Technologies.
(-- New York Newsdesk 212 859-1700)) |
