Geac divides D&B software
Geac Computer, a client-server applications maker, says it will take its newly acquired Dun & Bradstreet Software Services operation and divide it into two divisions.
The Geac host division will develop, market, and support the company's mainframe-based Expert and Millennium product lines. Meanwhile, the Geac client-server division will offer development and support for Geac's SmartStream solutions.
The decision to split the former software service operations was based on the different operating strategies needed for the client-server and mainframe markets, William Nelson, chairman and chief executive, said in a statement.
"The Geac host division will capitalize on the fact that there are many organizations gaining benefits from their existing and new host-based systems. These companies may also want to exploit Internet enablement and other enhancements that facilitate information access and ease of use," he said.
Nelson added that the client-server division will move forward with its SmartStream enhancements, which allow the software to operate with Microsoft SQL Server 6.5, Internet applet development, and enhanced interoperability features.
Geac had purchased the Software Services from D&B last month in a $150 million deal.
D&B had wanted to sell the unit as part of its plan to split itself into three publicly traded companies.