To: Jeroen Pluimers who wrote (8428 ) 1/6/1998 1:48:00 PM From: Bipin Prasad Read Replies (1) | Respond to of 10836
all,We'll vote in Feb. techstocks.com Borland and Visigenic Announce Conclusion of Antitrust Review of Acquisition SCOTTS VALLEY, Calif., Jan. 5 /PRNewswire/ -- Borland International, Inc. (Nasdaq: BORL - news) and Visigenic Software, Inc. (Nasdaq: VSGN - news) today announced that the Federal Trade Commission has granted early termination of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act with respect to the proposed acquisition of Visigenic by Borland. The companies are therefore eligible under the Act to proceed with the acquisition, subject to approval by the stockholders of both Borland and Visigenic, and the satisfaction of other customary conditions. Each company will hold a special meeting of its stockholders to seek approval of the transaction. The meetings are expected to take place in February 1998. About Visigenic Visigenic is playing a key role in creating the foundation on which new, mission-critical applications are being developed -- the open, distributed, object-based architecture for the new global enterprise. Building on its expertise in standards-based distributed object and data access technologies, Visigenic has become a leading supplier of ORB technology to the software industry. Visigenic products include VisiBroker for Java, and VisiBroker for C++ and additional CORBA-based products. Recently, VisiBroker won DBMS Magazine's 1997 Readers' Choice Award for best Object Request Broker. Additionally Visigenic was identified by IDC, an independent market research firm, as the fastest growing object middleware vendor in their ''Middleware: 1997 Worldwide Markets and Trends'' report. Additional information about Visigenic may be obtained via the web at visigenic.com . About Borland Borland is a leading provider of high-quality software products for corporate application developers worldwide. Borland is distinguished for its award-winning family of rapid application development tools and scaleable middleware technology for desktop, client/server, Internet/intranet, and enterprise systems. The company's products are supported through comprehensive corporate and independent developer programs, value added resellers, and systems integrators. Founded in 1983, Borland is headquartered in Scotts Valley, California. Additional information about Borland may be obtained from Borland's web site atborland.com . regards, BPP