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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Kashish King who wrote (19688)	1/17/1998 7:09:00 PM
From: DJBEINO	Read Replies (2) \| Respond to of 42771

Novell Inc.'s India plans Date: 17-01-1998 :: Pg: 19 :: Col: e By Our Staff Reporter BANGALORE, Jan. 16. The Utah-based Novell Inc. of the U.S. has proposed to invest $6 millions this year in its Indian subsidiary, Novell IDC (India Development Centre) in Bangalore in research and development. Incidentally, IDC is one of the four R & D centres of Novell Inc., the Chief Technology Officer (CTO), Novell Inc., Mr. Glenn Ricart, disclosed to The Hindu. Mr. Ricart said IDC was developing several flagship products to be launched this year. Besides setting up one more facility at the existing location here and one at New Mumbai, Novell Inc. proposed to open four more centres worldwide like Dusseldorf in Germany, Utah and Santacruz in the U.S. Earlier, the CTO told a select visiting IT mediapersons to its facility near Bangalore yesterday that 15 per cent of Novell's worldwide development resources were based in India. He said 17 out of 40 members of the Novell's corporate R & D team were based in India while 23 were in the U.S. The CEO of Novell IDC, Mr. Vikram Shah, said Mr. Ricart was responsible for the development and architecture of its current technologies and creation of its future technology. Novell's IDC is 100 per cent export oriented unit designing products and related work for the parent company. Some of the flagship products IDC was now developing were a Personal Internet Directory (PID) and cryptographic protocols. Other products included BorderManager or ProxyCash which helps Internet service providers (ISPs) access Internet faster and Thunderbolt clustering technology, a new Internet technology for distributing the load, Mr. Ricart said. According to him, cryptography was the critical technology that formed the basis of security over Internet. Novell was working on new and improved cryptographic technologies, completely developed and designed here in association with the Indian Institute of Science (IISc). Stating that these products would be launched this year, he said pricing and packaging would be decided later. The engineering group's functions at the IDC are, the application group, operating systems group, networking and advanced services group, network management systems group, technology group and quality management group. The support groups that provide the engineering groups the logistics are technical publications, information systems and technology, and Novell technical services. In his reckoning, professional software development here was one of the best in the world. webpage.com