SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE]
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gone_Fishing who wrote (6730)12/13/1998 2:20:00 PM
From: Emec  Read Replies (1) of 15094
 
New Article. I love it!

12/10/98
Computergram International
ComputerWire Inc.



Investment bank Credit Suisse First Boston thinks that New Era of
Networks Inc is going to set the pace in the fast-emerging enterprise
application integration space. In that context it's no surprise CSFB
stepped up to manage Neon's second offering of 4.4 million shares,
which rasised some $150m (CI No 3,542), but its prize asset is its OEM
deal with IBM Corp. Of the other contenders, CSFB thinks both TSI
International Software Ltd and BEA Systems Inc are going to face some
big challenges in keeping up with Neon, although it points to TSI's strong
ties to SAP R/3 which should carry it through. Vitria Technology, Active
Software and private companies such as Candle Corp and others are in
the running though it remains to be seen whether they'll go it alone or
establish partnerships. In the meantime, erstwhile Silicon Valley darling,
CrossWorlds Software Inc is giving many industry- watchers and
market-makers the impression that its business is on the ropes before it
even gets going judging by the calls we've had and the growing list of
resumes being circulated outside the company. Its recent round of
lay-offs was supposedly many more than the 5% it claimed, according to
insiders. Market researcher AMR reckons 40% of the $40bn spend on
enterprise applications is going to integration. That's a whopping $16bn.
Interestingly, Neon recently cited Georgia company Healthdyne
Information Enterprises (HIE) as an adversary likely to compete
directly with it, rather than BEA, TSI and CrossWorlds. The healthcare
ISV is heading to the financial markets with its Cloverleaf messaging
application. As investment banks have sought to integrate their legacy
systems, HIE has targeted what's becoming a booming market to provide
securities firms with middleware to enable banks to route and reformat
messages between different systems and applications. HIE reportedly
landed European deals with WestLB subsidiary Panmure Gordon and
Poland's bank Handlowy. It is also said to be integrating Cloverleaf with
the DST portfolio accounting system.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News