Remedy Corp. and Requisite Technology, Inc. announced a strategic alliance to add Requisite’s e-content tools to the Remedy Purchasing@Work eProcurement solution. Remedy will embed Requisite’s patented BugsEye finding engine and eMerge content management toolset into Remedy Purchasing@Work. BugsEye is an intuitive, natural-language finding engine that lets users quickly find and select the products they need, without forcing them to learn the specialized rules of the underlying data structure. eMerge tools and services enable buyers and suppliers to create and manage dynamic e-catalogs. To help buying organizations realize bottom line savings in record time, Remedy will offer a “quick start” e-content program. Customers will be able to select suppliers for office products, paper, industrial supplies, software and other items from Requisite’s eLeader supplier network. www.requisite.com, www.remedy.com
Day: April 30, 2000
Bluestone Software, Inc. announced General Availability for Bluestone Universal Business Server for TeB Version 7.0, its 100% Pure Java Application Server deployment engine which is the heart of its Sapphire/Web and its Integration Server, Bluestone XML Suite, as well as the foundation of its newest product line, Total-e-Business platform. Based entirely on Sun’s J2EE (Java 2 Platform, Enterprise Edition) specification and using XML as its internal communication vehicle, Bluestone Universal Business Server for TeB establishes an infrastructure foundation for enterprise-class e-business applications. Bluestone Universal Business Server for TeB is the next generation of the Sapphire/Universal Business Server, the application deployment architecture that powers the company’s Sapphire/Web Application Server framework. As a result, the Bluestone Universal Business Server for TeB brings performance, scalability, fault tolerance and XML services to the company’s forthcoming Total-e-Business platform editions, including Total-e-Global, Total-e-B2B, Total-e-B2C, Total-e-Wireless, and Total-e-Server, scheduled for release later in Q2 of this year. The J2EE foundation fortifies Bluestone Universal Business Server for TeB with implementations of Enterprise JavaBeans (EJB) 1.1, Java Servlets 2.2, and JavaServer Pages (JSP) 1.1, including Taglib support. Bluestone Universal Business Server for TeB also includes a complete implementation of Java Servlets API 2.2 to provide a standard mechanism for building dynamic Web applications that are portable across hardware, Web server, and Application Server platforms. Bluestone Universal Business Server for TeB relies on XML for a number of services, including the persistence map that permanently stores the state of an application. XML gives the Bluestone Universal Business Server for TeB high-performance support for fine-grained objects in an EJB. The Bluestone Universal Business Server for TeB also employs a dynamic XSL engine that lets users automatically detect client device types and generate the proper delivery format, whether it is a cell phone, palmtop device, desktop browser, B2B application, or other client type. Bluestone Universal Business Server for TeB is available today in Sapphire/Web, Bluestone XML Suite, and Total-e-Business.www.bluestone.com
Intel Corporation and Excalibur Technologies Corporation announced that they have signed an agreement to form a new company that will enable owners of branded high-value content, such as sports and entertainment, to produce and securely sell their audio and video content over the Internet. The new company will offer a compelling, one-stop solution with key Internet technologies. Under the terms of the agreement, Intel will contribute its Interactive Media Services division and invest $150 million in exchange for 60 percent of the new company’s equity. Intel will take a 49 percent position in the voting stock of the new company and the balance of its investment in non-voting stock. Excalibur will combine its entire business operations with those of the new company, with Excalibur stockholders receiving 40 percent ownership in the new company in exchange for their Excalibur stock. Excalibur shareholders will receive one share of stock in the new company for each share they hold of Excalibur. Holders of 29 percent of Excalibur’s outstanding voting stock have agreed to vote in favor of the transaction. Other financial details were not disclosed. Compatible technologies and business models do not exist from one company in a fully integrated way that enable branded, valuable content to be delivered to subscribers over the Internet. The new company will seek to solve this problem by combining Excalibur’s market-leading content management technologies for producing valuable media archives with Intel’s patented technology for content protection. The transaction is subject to regulatory review, Excalibur stockholder approval and other normal closing conditions. All other necessary corporate approvals have been obtained by Excalibur and Intel. Completion of the transaction and the new company’s launch is expected in the third quarter of this year. Ronald J. Whittier will resign from Intel to become chairman of the board and CEO of the new company. Patrick C. Condo will become president and COO. www.intel.com, www.excalib.com
