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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?


To: Green Receipt who wrote (3287)8/26/1999 10:34:00 AM
From: Kashish King  Read Replies (1) | Respond to of 5102
 
The only thing standing between Sun and Inprise is an agreed upon price. Strategically, Inprise seems like a nobrainer for a company looking to acquire tools and Windows integration expertise. As for Inprise management, Sun would also be removing the primary problem with the company: management. I assumed that the family feud between Fuller and Coates was on the idea of selling; it's increasingly apparent it may just be a matter of price. I'm also guessing INPR has several offers or it wouldn't be toying with Sun.

news.com

Sun didn't buy Forte for this:

Forte fairly new to Java Forte got into the Java business relatively recently in its history. Development for the company's first product that uses Java, SynerJ, began two-and-a-half years ago, and the product is now in its final beta testing stages, he said.

Look at this: independence, are you listening Inprise employees? Notice also that Sun paid half a billion for 500 customers and 400 employees. Gosh, that's an efficient operation, one and a quarter customers per employee!!!:

"Forte will be run independently but as a wholly owned subsidiary of Sun," said Forte chief executive Marty Sprinzen in an interview with CNET News.com. "The strategies and people will stay in place," but Forte will be able to get mileage out of Sun's image and financial clout, he said. Forte has 400 employees and 500 customers, he said.

Now given that a sale was definitely on the table given the right price and given that Inprise had been actively seeking out a buyer, I would say this is pretty interesting. This question was asked by the CNET reporter, it's not some idle, baseless question:

Schwartz declined to comment on whether Sun was interested in purchasing Inprise, another company that provides programming software. Sun has been rumored to be interested in several development
toolmakers.