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Aprisma spinoff date set

Aprisma Management Technologies said Wednesday that its parent company, Enterasys Networks, has set the date for the company's spinoff at Feb. 5, when shares of Aprisma will be distributed to Enterasys stockholders. Aprisma, which makes network and infrastructure management software for telecom carriers and businesses, is scheduled to start trading under the ticker symbol "APRM" on the Nasdaq on Feb. 13. Aprisma's customer list includes Harley Davidson, Sprint, the U.S. Department of Defense, Aurora Health Care, MCI, AT&T and Comcast. Aprisma competes against Micromuse in the telecom sector and Hewlett-Packard's Openview software in the business market. Enterasys was spun off from its parent company Cabletron Systems last February and started trading as a separate company in August.

Aprisma Management Technologies said Wednesday that its parent company, Enterasys Networks, has set the date for the company's spinoff at Feb. 5, when shares of Aprisma will be distributed to Enterasys stockholders. Aprisma, which makes network and infrastructure management software for telecom carriers and businesses, is scheduled to start trading under the ticker symbol "APRM" on the Nasdaq on Feb. 13.

Aprisma's customer list includes Harley Davidson, Sprint, the U.S. Department of Defense, Aurora Health Care, MCI, AT&T and Comcast. Aprisma competes against Micromuse in the telecom sector and Hewlett-Packard's Openview software in the business market. Enterasys was spun off from its parent company Cabletron Systems last February and started trading as a separate company in August.