Borland's Long Queue Of Woes
Troubled Borland International isn't quite out of the woods yet. It is raising $145 million by selling its QuattroPro spreadsheet to Novell, but new layoffs are expected to contribute to a substantial loss in its latest quarter. That could drag results for the fiscal year ending Mar. 31 into the red as well. Other problems loom. A long-overdue version of the company's popular dBase program adapted for Microsoft's Windows may not be shipped in the upcoming quarter as expected. And Borland may yet have to pay damages to rival Lotus Development to settle a copyright infringement suit--unless speculation that Lotus is readying to bid for Borland turns out to be true.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.