March 12, 1998 |
Verity Inc. sued Lotus Development Corp., now a unit of IBM Corp., charging that Lotus misappropriated trade secrets under a 1992 computer software licensing agreement. At the same time, it said it was terminating the agreement because of Lotus' actions. Sunnyvale-based Verity develops and markets software tools for searching and retrieving information on computer databases and the Internet. Cambridge, Mass.
December 18, 1996 |
International Business Machines Corp., Lotus Development Corp., Netscape Communications Corp., Novell Inc. and Sun Microsystems Inc. plan to form a global Internet consortium. Novell said the goal of the consortium is to provide customers with Internet and intranet training and certification. The members of the consortium plan to name another company to administer the training and certification program, which will be rolled out in 1997, Novell said.
March 21, 1996 |
AT&T, Lotus Confirm Software Venture: Seeking to end weeks of confusion, AT&T Corp. and IBM's Lotus Development Corp. said they are indeed working together to let businesses use an important software product through the telephone company. Three weeks ago, Basking Ridge, N.J.-based AT&T and Cambridge, Mass.-based Lotus abandoned their 2-year-old effort to allow companies to use Lotus' Notes product over AT&T's phone network.
January 24, 1996 |
Jim Manzi, chairman of Lotus Development Corp. when it was acquired by IBM Corp., has ended a 3 1/2-month stint of unemployment by becoming president and chief executive of a company that develops online marketing for businesses. Manzi said Tuesday that he decided to drop plans for a longer sabbatical and join Pittsburgh-based Industry.Net Corp. after considering several career possibilities.
October 14, 1995 |
Just two days after the abrupt resignation of Lotus Development Corp. Chief Executive James P. Manzi, another of the company's top executives has quit and a third is expected to follow as new owner IBM exerts its control over the PC software pioneer. Robert K. Weiler, Lotus' senior vice president of the desktop software and international sales--and a close ally of Manzi's--resigned Thursday.
October 12, 1995 |
Lotus Development Corp.'s controversial chief executive, James P. Manzi, resigned abruptly Wednesday, just three months after the PC software pioneer was acquired by IBM Corp. Although Manzi had said at the time of the takeover that he would stay on to lead the company as a division of IBM, few in the software industry were surprised at his quick exit. Manzi denied there was any particular event that caused his departure.