Microsoft, NEC sign licensing pact
Microsoft Corp. and NEC Corp. have signed a patent cross-licensing agreement covering IT and networking technology. Under the agreement, the two firms will jointly integrate NEC's Univerge servers with Microsoft's Live Communications Server 2005 to strengthen NEC's VoIP offerings. Microsoft has signed similar deals with Siemens AG, SAP AG and Toshiba Corp. since late 2003.
Novell sells its stake in consulting unit
Novell Inc. sold its majority stake in Celerant Consulting to Celerant managers and London-based Caledonia Investments PLC for about US$77 million. Novell had acquired an undisclosed stake in the consulting business as part of its 2001 purchase of Cambridge Technology Partners. The sale is part of the cost-cutting plan Novell announced last November.
Holding firm agrees to buy Hummingbird