M2 Presswire: Novell reports third fiscal quarter 1999 results | Linux Today

M2 Presswire: Novell reports third fiscal quarter 1999 results

Written By
Web Webster
Web Webster
Aug 20, 1999

“Novell… today reported revenue of $327 million for its third
fiscal quarter ended July 31, 1999, a 20 percent increase over…
the third quarter of fiscal 1998. Net income was $49 million for
the quarter, up from $27 million in the same period of the prior
year.”

“Novell’s business objective, over the longer-term, is to grow
its revenue around platform independent directory solutions and
products that securely manage and control the digital identities of
users and resources on the network. Novell Directory Services
(NDS) is available for deployment across mixed network environments
of servers
that run NT and Solaris operating systems, OS/390
from IBM, and by early in 2000, on servers running Linux.
Platform independence is a key differentiator for NDS 8 that scales
to support hundreds of millions of objects in one NDS directory
tree.”

“In July, Compaq and Dell Computer were the first OEMs to begin
shipping Novell’s Internet Caching System(TM) (ICS) software as the
basis for new cache appliance offerings. Novell’s ICS software
enables these products to be the price/performance leaders for
caches that scale from small network to very large data center
requirements. ICS will accelerate the delivery of Web pages from
any Web server whether it is based on NT, Solaris, other versions
of UNIX, Linux or NetWare operating systems.”


Complete Story

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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