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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


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 at
borland.com.

regards,

BPP