Network Associates buys TIS and Employees buy ORA Canada
Network Associates, Inc. and Trusted Information Systems, Inc. (TIS)
announced on February 23rd that they have signed a definitive agreement
where Network Associates will acquire TIS in a stock-for-stock pooling
of interest merger valued at over $300 million. The full press release
is available from TIS at the URL:
http://www.tis.com/corporate/press/98/nai-tis.html
On April 3rd, 1998, ORA Canada (Ottawa, Ontario) and Odyssey Research
Associates (Ithaca, New York), closed an agreement in which an ORA
Canada employee group acquired full control of ORA Canada. Terms of
the agreement were not publicly disclosed. As of closing, ORA Canada
becomes a Canadian Controlled Private Corporation.
Further information is available at the URL:
www.ora.on.ca
or by email from dan@ora.on.ca