To: Eugene Kislenko who wrote (7546 ) 11/19/1997 4:23:00 PM From: Eugene Kislenko Respond to of 10836
****** To ALL *** Fresh FLASH ***** ==================================================== Yocam Details Borland Visigenic Buy 11/19/97 Newsbytes, Wednesday, November 19, 1997 at 15:24 LAS VEGAS, NEVADA, U.S.A., 1997 NOV 19 (NB) -- By Sami Menefee, Newsbytes. At a sparsely attended Borland International's [NASDAQ:BORL] press conference, held at Las Vegas's MGM Grand Hotel, Borland chief executive officer (CEO), Del Yocam, discussed the firm's acquisition of Visigenic Software, Inc [NASDAQ:VSGN] and unveiled JBuilder Client/Server Suite. The acquisition, in a trade of about 12.5 million Borland shares for 100% of Visigenics common stock, is subject to approval by shareholders in both firms and should close in early 1998. Sixty-five reporters covered the conference by telephone. Yocam shared the spotlight with Visigenic CEO Roger Sippl, who will stay on as Borland's chief technical officer (CTO). Rick LeFaivre, Borland's current CTO, also spoke to the group but his future with the firm was not discussed. The three talked about their mutual plans to develop network strategies involving object-based middleware. "Three trends exist now that create an interest in object-oriented technology," said Yocam. He identified these trends as acceptance of the Internet as a corporate tool, Java as an open, scalable, cross-platform language, and CORBA (common object request broker architecture) as a standard for object-based middleware. Visigenic will act as developer and supplier of object middleware based on the CORBA standard. Sippl said the firm's partners have been using the Visigenic ORB (object request broker) technology and further discussed distributed objects technologies and applications. Specific applications will be built to order, depending on customer needs, he said. "We joined with Borland to make a point-and-click simplicity when developing distributed object applications for our customers," Sippl said. Said LeFaivre, "Our goal is to create a true application server built on object oriented technology to make it possible to tie it all together -- the client and Web server across several different platforms." Added LeFaivre, "ORB is just the start. There's a whole suite being developed that add value to ORB, like security and transaction services. We just wrap it all together for a true application server built on distributed object technology." Meanwhile, Yocam announced the firm is shipping JBuilder Client/Server Suite. The announcement of Borland's latest entry in its well received line of Java development tools seemed almost an afterthought in a session largely devoted to the merger. Some observers at the conference speculated that release of the enterprise-level JBuilder may have a bigger long-term effect on Borland's fortunes, which have waned in recent years in comparison to its high-flying years under DOS and Windows 3.1. JBuilder Client/Server Suite is Borland's high-end development environment for creating what LeFaivre called "industrial-strength corporate information networks" in Java. The JBuilder product line is a series of visual development tools for Java. The system is scalable and component-based and can be used for everything from minor applets to enterprise-wide, multi-tiered systems. JBuilder supports JavaBeans component creation, scalable database architecture and "100% Pure Java" applications under JDK 1.1, JavaBeans, JFC, CORBA, RMI, JDBC, and, says Borland, every major corporate database server. "The tight integration of JBuilder with Visigenic's CORBA ORB is one of the first steps towards our vision" of combining component-based development tools with scalable, distributed object middleware, LeFaivre stated. The JBuilder Client/Server Suite is available now for an estimated street price of $2495. Owners of other Borland tools get a price break to $2000, while two lower end versions, JBuilder Standard and JBuilder Professional, also are available. More information is available at Borland's World Wide Web site atborland.com . Reported by Newsbytes News Network (http://www.newsbytes.com . ==================================================== Good investing to all. EK