FRAMINGHAM (04/21/2000) - Siebel Systems Inc. in San Mateo, California, this week announced that it will acquire OpenSite Technologies Inc., a Research Triangle Park, North Carolina-based maker of online auction software. The deal, which will involve a stock swap estimated at $444 million, will add dynamic pricing capabilities to Siebel's e-commerce software offerings, the company said in a statement. Siebel makes software that manages and automates companies' sales, customer relations and call center operations.
Inktomi Corp. beat analyst predictions by reporting its first quarterly profit in its second fiscal quarter, which ended March 31. The Foster City, California-based, maker of Internet search software and technology that helps speed Web browsing this week reported revenue for the second quarter of $47.3 million, up 211 percent from $15.2 million in the same period a year earlier.
Linux vendor Red Hat Inc. this week announced a definitive agreement to acquire privately held Internet performance management software and services provider Bluecurve Inc. in an all-stock deal valued at approximately $37 million. The addition of Web-based performance management software from Oakland, California-based Bluecurve will improve Durham, North Carolina-based Red Hat's capabilities to help businesses proactively manage their Internet infrastructures, Red Hat said.
Stratus Computer Inc. this week announced a new line of fault-tolerant Windows 2000 servers.
The new Stratus ftServer promises more than 99.999 percent availability at prices that start at just over $23,000, said Steve Kiely, CEO of the Maynard, Massachusetts, company. That's at least 80 percent less than the previous price for Stratus' entry-level, Unix-based fault-tolerant computers, Kiely said.