FRAMINGHAM (06/30/2000) - Dell Computer Corp. this week became the latest major computer vendor to announce the establishment of a wireless business unit, aimed at tapping into the emerging global market for wireless network access.
The Dell unit will be headed by 46-year-old Moe Grzelakowski, a former executive at Schaumburg, Illinois-based Motorola Inc. He will join Dell as a senior vice president, the Round Rock, Texas-based direct PC vendor said.
Lucent Names Network Spin-Off
Officials at Lucent Technologies Inc. this week said the company is proceeding with the spin-off of its enterprise networking group that was announced in March. The new company will be called Avaya Inc., according to Murray Hill, New Jersey.-based Lucent.
Henry B. Schacht, 65, former chairman and CEO of Lucent Technologies and former CEO of Columbus, Indiana.-based Cummins Engine Co., will become chairman of the company. Donald K. Peterson, 50, former executive vice president and chief financial officer at Lucent, will become president and CEO. The spin-off will be completed by Sept. 30, Lucent officials said.
Citrix Under New Management
Edward Iacobucci, founder and chairman of Citrix Systems Inc., has left the Fort Lauderdale, Florida-based company following lower-than-expected second-quarter profits and a sharp drop in the company's stock price. Roger Roberts, the company's CEO from 1990 to 1998, has replaced Iacobucci. The application server software vendor has started a search for a CEO to replace Mark Templeton, who will stay on as president.
Analysts said they blamed Citrix's problems on its leadership rather than on its flagship WinFrame and MetaFrame products. "They were too aggressive on their [Asian sales] estimates, and they bought into their own hype," said analyst Peter Urban, at AMR Research Inc. in Boston.