News Briefs

Computerworld - Microsoft, SAP Unveil .Net Tool Kit

Microsoft Corp. and SAP AG last week brought out the Portal Development Kit for .Net, an add-on for Microsoft's Visual Studio .Net 2003 tool. With the PDK for .Net, SAP users can build content for the SAP Enterprise Portal, using any supported languages, such as C# and Visual Basic .Net.

Openwave Acquires Cilys for $10M

Openwave Systems Inc. in Redwood City, Calif., last week acquired privately held Cilys, a Canadian maker of wireless telecommunications software, for $10 million in cash and stock. Openwave plans to integrate Cilys' mobile technology into its client and server product offerings.

Nortel Restates Some Results

Responding to investigations of its bookkeeping, Nortel Networks Corp. last week restated financial results for 2001, 2002 and the first nine months of 2003 with the U.S. Securities and Exchange Commission. The restated results show an additional $1.93 billion in revenue for 2001 and 2002 but lower revenue than previously reported for the first three quarters of 2003. Nortel is expected to post results for the first half of 2004 by the end of this month.

Intel Beats Wall Street Expectations

Beating analysts' expectations, Intel Corp. last week reported a solid fourth quarter and said demand for its products was strong among both consumers and businesses. Projecting continued growth, President Paul Otellini said, "I see nothing on the horizon that will stop that trend next year."

INTEL BY THE NUMBERS REVENUE PROFIT Q4 ’04 $9.6B $2.1B Q4 ’03 $8.7B $2.2B

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