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BUSINESS
September 22, 1998 | Dow Jones
Newport Beach-based Innovus Corp. said Monday it agreed to acquire Softkat Inc. and its Sonoma Publishing unit for an undisclosed amount of stock. Petaluma-based Softkat is a software distributor with more than $8 million in yearly sales. The Sonoma unit develops software titles. Innovus said Softkat's administration and support functions will be consolidated with those of Innovus, which develops and sells Internet technology products.
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BUSINESS
June 10, 1999 | Jonathan Gaw
Tustin-based eSynch Corp. has sold its financially troubled subsidiary SoftKat Inc., just seven months after acquiring the firm. eSynch said Wednesday that it sold the software publisher and distributor to the British firm Kilburn Consultants Ltd. Terms of the deal were not disclosed. eSynch officials were not available to elaborate on why the company sold SoftKat so soon after having purchased it. Kilburn specializes in software acquisitions, eSynch said.
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BUSINESS
June 10, 1999 | Jonathan Gaw
Tustin-based eSynch Corp. has sold its financially troubled subsidiary SoftKat Inc., just seven months after acquiring the firm. eSynch said Wednesday that it sold the software publisher and distributor to the British firm Kilburn Consultants Ltd. Terms of the deal were not disclosed. eSynch officials were not available to elaborate on why the company sold SoftKat so soon after having purchased it. Kilburn specializes in software acquisitions, eSynch said.
BUSINESS
September 22, 1998 | Dow Jones
Newport Beach-based Innovus Corp. said Monday it agreed to acquire Softkat Inc. and its Sonoma Publishing unit for an undisclosed amount of stock. Petaluma-based Softkat is a software distributor with more than $8 million in yearly sales. The Sonoma unit develops software titles. Innovus said Softkat's administration and support functions will be consolidated with those of Innovus, which develops and sells Internet technology products.
BUSINESS
November 12, 1991
W. R. Grace & Co. said Monday it reached tentative agreement to sell its SoftKat division in Chatsworth, along with two other units, to a group composed of Carlyle Group and managers of the divested units. The price was not disclosed. Carlyle is a private merchant bank in Washington.
BUSINESS
March 24, 1992
W. R. Grace & Co. has completed the previously announced sale of its SoftKat division in Chatsworth, along with two other units, to the Carlyle Group and managers of the divested units. SoftKat, a distributor of educational, entertainment and home-productivity software for computers, was sold along with Baker & Taylor Books and Baker & Taylor Video, which distribute books, videotapes and other products to schools, libraries and retailers.
CALIFORNIA | LOCAL
September 4, 1992 | MAIA DAVIS
A 200-employee software distributor will move from Chatsworth to Simi Valley, making up for Simi Valley's loss of a 200-employee aquarium manufacturer that plans to move five miles west to Moorpark, Simi Valley officials said Thursday. SoftKat, a national and international distributor of computer software with more than $100 million in annual sales, has announced that it will move from Chatsworth to Simi Valley about Feb. 1. Earlier this week, Aquaria Inc.
BUSINESS
December 24, 1985
Soft-Kat, a Van Nuys-based distributor of educational software used in personal computers, said it signed a distribution agreement worth more than $1 million with Walt Disney Educational Media. Soft-Kat said it will supply products from educational software publishers to Burbank-based Disney, which will sell the products to schools, school districts, teachers and school administrators.
BUSINESS
January 13, 1987
Soft-Kat, a computer software distributor based in Van Nuys, reported last week that W. R. Grace exercised an option to buy the 61% of the company that Grace does not already own. Grace, a New York-based conglomerate, obtained the option in 1985 when it paid $4.2 million to buy a 39% stake in the privately held company. Soft-Kat specializes in distributing educational software. Founded in 1983, it has $35 million in annual sales and employs 100 people.
BUSINESS
September 10, 1985 | JAMES BATES, Times Staff Writer
The Katz brothers, Modie and Ozzie, aren't exactly computer nerds. Neither owns a computer. The only personal computer they use at their company, Van Nuys-based Soft-Kat, is an Apple IIc they share with employees. But the Katz brothers, together with friend Alan Gleicher, have built a company that is hardly indifferent toward computers. Over the last 2 1/2 years it has become one of the nation's largest computer- software distributors.
CALIFORNIA | LOCAL
September 4, 1992 | MAIA DAVIS, SPECIAL TO THE TIMES
A 200-employee software distributor will move from Chatsworth to Simi Valley, making up for Simi Valley's loss of a 200-employee aquarium manufacturer that plans to move five miles west to Moorpark, Simi Valley officials said Thursday. SoftKat, a national and international distributor of computer software with more than $100 million in annual sales, has announced that it will move from Chatsworth to Simi Valley about Feb. 1. Earlier this week, Aquaria Inc.
CALIFORNIA | LOCAL
September 4, 1992 | MAIA DAVIS
A 200-employee software distributor will move from Chatsworth to Simi Valley, making up for Simi Valley's loss of a 200-employee aquarium manufacturer that plans to move five miles west to Moorpark, Simi Valley officials said Thursday. SoftKat, a national and international distributor of computer software with more than $100 million in annual sales, has announced that it will move from Chatsworth to Simi Valley about Feb. 1. Earlier this week, Aquaria Inc.
BUSINESS
March 24, 1992
W. R. Grace & Co. has completed the previously announced sale of its SoftKat division in Chatsworth, along with two other units, to the Carlyle Group and managers of the divested units. SoftKat, a distributor of educational, entertainment and home-productivity software for computers, was sold along with Baker & Taylor Books and Baker & Taylor Video, which distribute books, videotapes and other products to schools, libraries and retailers.
BUSINESS
November 12, 1991
W. R. Grace & Co. said Monday it reached tentative agreement to sell its SoftKat division in Chatsworth, along with two other units, to a group composed of Carlyle Group and managers of the divested units. The price was not disclosed. Carlyle is a private merchant bank in Washington.
BUSINESS
January 13, 1987
Soft-Kat, a computer software distributor based in Van Nuys, reported last week that W. R. Grace exercised an option to buy the 61% of the company that Grace does not already own. Grace, a New York-based conglomerate, obtained the option in 1985 when it paid $4.2 million to buy a 39% stake in the privately held company. Soft-Kat specializes in distributing educational software. Founded in 1983, it has $35 million in annual sales and employs 100 people.
BUSINESS
December 24, 1985
Soft-Kat, a Van Nuys-based distributor of educational software used in personal computers, said it signed a distribution agreement worth more than $1 million with Walt Disney Educational Media. Soft-Kat said it will supply products from educational software publishers to Burbank-based Disney, which will sell the products to schools, school districts, teachers and school administrators.
CALIFORNIA | LOCAL
September 4, 1992 | MAIA DAVIS, SPECIAL TO THE TIMES
A 200-employee software distributor will move from Chatsworth to Simi Valley, making up for Simi Valley's loss of a 200-employee aquarium manufacturer that plans to move five miles west to Moorpark, Simi Valley officials said Thursday. SoftKat, a national and international distributor of computer software with more than $100 million in annual sales, has announced that it will move from Chatsworth to Simi Valley about Feb. 1. Earlier this week, Aquaria Inc.
BUSINESS
August 21, 1985 | DANIEL AKST, Times Staff Writer
W. R. Grace has bought a 39% stake in Van Nuys-based SoftKat Inc., said to be the nation's largest distributor of educational computer software, the firms said Tuesday. SoftKat Chairman Modie Katz said that the price was $4.2 million and that Grace's Baker & Taylor book distribution unit will get three of the seven seats on SoftKat's newly constituted board. Grace also got an option to buy the rest of SoftKat in 1988.
BUSINESS
September 10, 1985 | JAMES BATES, Times Staff Writer
The Katz brothers, Modie and Ozzie, aren't exactly computer nerds. Neither owns a computer. The only personal computer they use at their company, Van Nuys-based Soft-Kat, is an Apple IIc they share with employees. But the Katz brothers, together with friend Alan Gleicher, have built a company that is hardly indifferent toward computers. Over the last 2 1/2 years it has become one of the nation's largest computer- software distributors.
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