CALIFORNIA | LOCAL
October 10, 2006 |
Ray Noorda, a leader of Novell Inc. who battled Microsoft Corp. in the early years of network computers, died Monday of complications of Alzheimer's disease. He was 82. Noorda died at his home in Orem, Utah, a statement from family members said. He became chief executive of Novell in 1983 and made it a software powerhouse, dominating the market for products that manage corporate networks and let individual computers share files and printers. But Microsoft caught up by the mid-1990s.
October 3, 2006 |
Lawrence W. Sonsini, chairman of law firm Wilson, Sonsini, Goodrich & Rosati, was on Novell Inc.'s board when the directors awarded themselves 50,000 stock options each in 1999 -- at what turned out to be a 17-month low in the share price, according to the Recorder, a San Francisco-based legal publication. The timing of Novell's Oct. 26, 1999, grants raises questions about whether the options were issued when Novell said they were, the Recorder said Monday.
June 23, 2006 |
Novell Inc. ousted its chief executive and chief financial officer in the latest effort to improve its lackluster performance and sagging stock price. Jack L. Messman, the ousted CEO, and former finance chief Joseph S. Tibbetts Jr. led the software company as it shifted its focus in recent years from networking software to distributing the Linux computer operating system and providing related services. Novell stock jumped 55 cents, or 9.2%, to $6.55 after the news.
June 15, 2005 |
A federal judge threw out four of Novell Inc.'s six antitrust claims against Microsoft Corp. but ruled that the case could proceed. Novell alleges that Microsoft used its monopoly power to limit sales of Novell's office productivity applications, including WordPerfect, a word processing program, and Quattro Pro, a spreadsheet program. U.S. District Judge J. Frederick Motz cited a 1997 e-mail from Jeff Raikes, head of Microsoft's Office software unit, to billionaire investor Warren E.
November 13, 2004 |
Novell Inc., which this week agreed to a $536-million antitrust settlement with Microsoft Corp., filed a new suit claiming the world's largest software company stymied competition for word processing software. Novell accused Microsoft of trying to shut out WordPerfect, a product Novell bought for $1 billion in 1994 and sold two years later for $170 million after it lost market share to Microsoft's Word.
November 9, 2004 |
Microsoft Corp. agreed Monday to pay more than $500 million to settle two of the largest remaining antitrust complaints it faces, bringing the software behemoth a big step closer to resolving its long-running legal problems. Microsoft said it would pay Novell Inc. $536 million to end claims that it improperly used its market dominance to muscle out Novell's NetWare operating system, which controls groups of computers.