FRAMINGHAM (04/03/2000) - Cabletron Systems Inc. in Rochester, New Hampshire, said last week that it would sell off the networking product group it purchased two years ago from Digital Equipment Corp. The sale includes the NetVantage line of LAN switches used by small businesses.
Baan Co. NV on Friday said it has completed the sale of its Coda accounting software unit to U.K.-based Science Systems PLC for $49.3 million in cash. The sale of Coda, which was announced two months ago, is part of the Netherlands-based Baan's effort to recover from six consecutive quarters of losses.
The fate of taxes on Internet sales remains muddy as the federal advisory commission that was set up to study the issue proved unable to send a unified recommendation to Congress last week. Needing a two-thirds majority vote for a recommendation, the Advisory Commission on Electronic Commerce, chaired by Virginia Gov. James Gilmore, split 10-8 on the official report of the committee.
The nation's Big Three automakers, the Asian Development Bank and the Mayo Medical Center plan to join an electronic-business forum that's designed to streamline business-to-business travel connections. It's organized by the Lafayette Hill, Pennsylvania-based Business Travel Coalition.
Microsoft Corp. last week said it's bringing together its Platforms and Developer Groups for a joint "platforms effort" for Microsoft's Next Generation Windows Services drive. The move is expected to be announced formally this spring.