Web Developer News: Cobalt Adds ASP SolutionsMar 23, 2000, 18:36 (0 Talkback[s])
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By Cyrus Afzali, Web Developer News
Cobalt Networks Inc. took steps Thursday to bridge the gap between Linux and Unix and Active Server Pages with the acquisition of Chili!Soft Inc. for $14.9 million in stock.
Cobalt will exchange 1.15 million common shares for all outstanding Chili!Soft equity. The deal is expected to close next quarter.
Chili!Soft makes tools that allow Active Server Pages to run in a Linux and Unix environment. The company also supports a number of popular Web servers and Windows NT.
Active Server Pages are a development of Microsoft Corp. They allow Web developers to incorporate real-time data and other information specific to individual users on Web sites.
Steven DeWitt, Cobalt's president and chief executive officer, said the integration of Chili!Soft's Active Server Pages technology and Cobalt's server appliances will help bridge the gap between Microsoft development tools and Linux.
"Microsoft Web tools are the most commonly used tools in the developer community. This acquisition allows Cobalt to share in the largest pool of qualified developers and significantly expand the number of positions available for service providers using the Cobalt platform," he said.
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