Mergers fly fast and furious on Wall Street

Technology companies wake Wall Street up with a slew of multibillion-dollar deals, as software firm Kana taps Silknet and Lucent grabs a fiber-optic firm.

CNET News staff
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Technology companies shook Wall Street with a slew of multibillion-dollar deals. Software firm Kana tapped Silknet, while Lucent grabbed another fiber-optic firm.


Kana shells out $4.2 billion for Silknet
The software firm agrees to buy Silknet Software to add programs that let customers list preferences and check the status of orders.

Sun nabs Trustbase for encryption software
The technology firm plans to announce it's acquiring Britain's Trustbase to incorporate the firm's encryption software into Sun-Netscape Alliance e-commerce software.

CNET TV: Merger roundtable
CNET TV: Merger roundtable

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Corel, Inprise in $2.44 billion merger
update Spurred by the new popularity of the Linux, programming toolmaker Inprise will become a subsidiary of software maker Corel in a stock deal.

Lucent to buy Ortel for $2.95 billion
The giant phone equipment maker agrees to buy the provider of fiber-optic parts in an effort to meet surging customer demand for cable services.