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Technology Stocks : Vantive Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Ron Kory who wrote (2098)	6/21/1998 7:51:00 PM
From: SemiBull	Respond to of 3033

Vantive To Acquire Wayfarer By Tom Stein, TechInvestor Front-office automation vendor The Vantive Corp. announced Friday a definitive agreement to acquire Wayfarer Communications, a company that specializes in Web-based information delivery. Vantive said it expects to record acquisition-related charges of about $11.5 million. Vantive, in Santa Clara, Calif., said it plans to use the Wayfarer technology to create a new product called VantiveVista that will pull information from various sources -- including core Vantive applications, enterprise resource-planning systems such as Oracle or PeopleSoft, and Web news feeds and articles -- and display that data in summary form. The product is expected to be available in the fourth quarter. Users will be able to program the application to retrieve only the information they are most interested in. A salesperson, for example, can be notified of shipping delays to customers, or that a certain customer has just been placed on credit hold. Salespeople will also be able to use VantiveVista to check the latest news releases or news stories about their clients. VantiveVista will be sold as a stand-alone product. The first version will provide interfaces to core Vantive applications, as well as Microsoft Outlook and Oracle's financial applications. Future versions will offer interfaces to PeopleSoft and SAP. No pricing has been announced.