PRNewswire: Motorola's Semiconductor Products Sector Announces Intention to Purchase Metrowerks Inc | Linux Today

PRNewswire: Motorola’s Semiconductor Products Sector Announces Intention to Purchase Metrowerks Inc

Written By
Web Webster
Web Webster
Aug 19, 1999

[ Thanks to Bill
Shotts
for this link. ]

“Motorola, Inc. today announced that Motorola and Metrowerks
Inc. have agreed that Motorola’s Semiconductor Products Sector will
offer to acquire all of the outstanding common shares of software
tools developer Metrowerks in an all cash bid at a price of
U.S.$6.25 (approximately Cdn $9.25) per share, or approximately
U.S.$95 million (approximately Cdn. $141 million) for the publicly
traded, Canadian corporation.”

“Founded in 1985 and headquartered in Austin, Texas, Metrowerks
designs, develops, markets and supports professional software
development tools used by programmers to create software
applications. Metrowerks’ flagship product line, CodeWarrior(R)
consists of a suite of programming tools used by developers
worldwide to create software in the C, C++, Java(TM) and assembly
programming languages. CodeWarrior has more than 200,000 registered
users in 80 countries.”

Press
Release

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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