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Ray Noorda

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CALIFORNIA | LOCAL
October 10, 2006 | From the Associated Press
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.
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CALIFORNIA | LOCAL
October 10, 2006 | From the Associated Press
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.
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BUSINESS
July 25, 1996 | From Times Staff and Wire Reports
A company backed by Novell Inc. founder Ray Noorda said Wednesday that it filed an antitrust lawsuit against Microsoft Corp., resurrecting charges raised in a lengthy federal probe of the software giant. Caldera Inc., a computer software developer mostly owned by the retired Novell chief executive, filed the lawsuit in U.S. District Court in Salt Lake City seeking injunctions and damages that could top $1 billion.
BUSINESS
July 25, 1996 | From Times Staff and Wire Reports
A company backed by Novell Inc. founder Ray Noorda said Wednesday that it filed an antitrust lawsuit against Microsoft Corp., resurrecting charges raised in a lengthy federal probe of the software giant. Caldera Inc., a computer software developer mostly owned by the retired Novell chief executive, filed the lawsuit in U.S. District Court in Salt Lake City seeking injunctions and damages that could top $1 billion.
BUSINESS
May 21, 1990 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
The biggest merger in software industry history fell apart over the weekend when executives of Lotus Development and Novell Inc. could not agree on the number of directors each side should have in the combined company. Billed as a merger of equals, the nearly $1.5-billion stock swap would have created one of the nation's largest computer software companies, making it a formidable competitor to industry leader Microsoft of Redmond, Wash.
BUSINESS
November 13, 1993 | From Times Staff and Wire Reports
Novell's Chief Again Says He'll Step Down: Raymond J. Noorda, 69, the multimillionaire chairman, president and chief executive of Novell Inc., intends to relinquish his president and CEO posts by June, according to the company. Noorda missed two of his own deadlines for naming a successor last year.
NEWS
July 31, 1993 | WARREN BROWN, THE WASHINGTON POST
The Justice Department has decided to review complaints of anti-competitive practices by Microsoft Corp., the nation's biggest manufacturer and marketer of computer software and operating systems, government sources said Friday. As a result of the review, the department's Antitrust Division could move to take over the case from the Federal Trade Commission and file antitrust charges against Microsoft. Or the division could decide not to pursue it.
BUSINESS
April 11, 1996 | GREG MILLER, TIMES STAFF WRITER
MTI Technology Corp., a struggling maker of computer data storage systems, made a flurry of management changes Wednesday and said the company expects to post a loss of $28 million to $38 million for its fiscal fourth quarter. The loss reflects, among other things, severance payments made to about 30 employees who were laid off at the Anaheim-based company earlier this month, a spokeswoman said. After those cuts, MTI was left with about 600 employees worldwide, including 230 in Anaheim.
BUSINESS
April 8, 1994 | JOHN O'DELL, TIMES STAFF WRITER
Fast-growing MTI Technology Corp. raised more than $30 million Thursday with its first public stock offering while several of its key investors garnered an additional $15.3 million selling shares of their own. The offering by the data storage company occurred at the end of a tumultuous two weeks that saw the market drop by almost 200 points. The company issued 4 million shares of common stock at $9 each and cleared $33.5 million after underwriting fees.
BUSINESS
August 24, 1994 | From Reuters
Novell Inc. and Microsoft Corp. will remain fierce competitors in computer networking and business applications despite the easing of hostilities between the two companies, analysts said. Novell's new chief executive, Robert Frankenberg, met with Microsoft Chairman Bill Gates last month for a broad discussion on cooperation between the two companies, Microsoft officials said Tuesday.
BUSINESS
November 13, 1993 | From Times Staff and Wire Reports
Novell's Chief Again Says He'll Step Down: Raymond J. Noorda, 69, the multimillionaire chairman, president and chief executive of Novell Inc., intends to relinquish his president and CEO posts by June, according to the company. Noorda missed two of his own deadlines for naming a successor last year.
BUSINESS
May 21, 1990 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
The biggest merger in software industry history fell apart over the weekend when executives of Lotus Development and Novell Inc. could not agree on the number of directors each side should have in the combined company. Billed as a merger of equals, the nearly $1.5-billion stock swap would have created one of the nation's largest computer software companies, making it a formidable competitor to industry leader Microsoft of Redmond, Wash.
BUSINESS
February 15, 1994 | DEAN TAKAHASHI, TIMES STAFF WRITER
MTI Technology Corp., a maker of computer storage equipment, said it plans to raise $40 million to $48 million by selling stock to the public. In a filing last week with the Securities and Exchange Commission, the company said it plans to use the money from the initial public offering to pay off as much as $23 million in bank debt. The rest would be used for working capital and general corporate purposes, including research and development and potential acquisitions.
BUSINESS
October 31, 1995 | JULIE PITTA, TIMES STAFF WRITER
The massive realignment now under way in the computer software industry picked up speed Monday as Novell Inc. announced it would shed two major product lines and fast-growing consumer software vendor SoftKey International initiated a bidding war for Learning Co.
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