Friday, February 21, 2003

Connectix CEO Weighs Company's Future

Connectix CEO Weighs Company's Future "Connectix Corp., which this week sold its client and server Virtual Machine technology to Microsoft Corp., is evaluating its future given that it is now left with just two products that are heading toward obsolescence. ...
"As such, we began to talk to Microsoft, which could help with both. So, while the deal is an acquisition by Microsoft, it's also our way of getting an enormous channel for our technology. The company has now split into two pieces, with the technology team largely going to Microsoft and the sales and support team remaining here to sell the VM product."
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