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April 11, 2000
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INPRISE/BORLAND
AND HITACHI STRENGTHEN CO-DEVELOPMENT RELATIONSHIP WITH AMENDMENTS TO TEN-YEAR
LICENSING AGREEMENT Inprise/Borland's VisiBroker and Java Development Technologies Key to Hitachi's Enterprise Products Strategy |
Scotts Valley, California - April 11, 2000 -- Inprise/Borland Corporation (Nasdaq: INPR) and Hitachi, Ltd (TSE: 6501, NYSE: HIT), one of the world's leading vendors of reliable enterprise software systems, today announced that they have signed a worldwide amendment to an existing licensing agreement for CORBA and Java Development Technology. Under the terms of the new agreement, the research and development laboratories of the two organizations will each begin to share their own innovations to Inprise/Borland's VisiBrokerO product line, including source code for functional innovation, technical enhancement and quality improvement. Amendments to the current agreements extend the relationship between the two companies, reaching back to1995, for co-developing CORBA-based products and will broaden the commitment of the two organisations to share Enterprise middleware technical innovations. As provided in a previous agreement, Hitachi will continue to license Inprise/Borland's VisiBroker CORBA object request broker (ORB) and Inprise's Java development technology for inclusion in Hitachi's CORBA technology products, such as TPBrokerO product suite and the Cosminexus Application Server*. [*Cosminexus Application Server is currently marketed only in Japan.] Financial terms of the agreement were not disclosed. Inprise/Borland and Hitachi also continue to discuss further co-development and joint marketing activities. Shoji Yamamoto, Executive General Manager, Software Division, Hitachi, Ltd. said, "This enhancement of the agreement strengthens our product and service offering significantly, especially to our mission critical system customers, sharing innovations between Inprise/Borland and Hitachi. We are very confident that the combination of Inprise/Borland's VisiBroker and Hitachi's reliable software products will continue to be the best solution for enterprise customer." "This agreement is exciting because it is an example of yet another major technology company looking to Inprise/Borland to provide the basis for their technologies," said Dale Fuller, interim president and CEO of Inprise/Borland. "It sends a further message to the market that Inprise/Borland is a leader in providing cutting edge technologies to the middleware market." Gari Grimm, Senior Vice President, Hitachi Computer Products (America), Inc. welcomed the closer working ties with a major innovative middleware vendor. "CORBA based solutions are already widely used in mission critical e-business systems including telecom and financial markets. This agreement will improve our supporting capability significantly to our customers using CORBA based e-business solutions."
Inprise/Borland VisiBroker -- A Leading Deployed ORB Technology Inprise/Borland's VisiBroker for Java and VisiBroker for C++ CORBA object request brokers are designed to facilitate the development and deployment of distributed enterprise applications that are scalable, flexible, and easily maintained. Industry affiliations with Hitachi, Oracle, Novell, Netscape and others have played a key role in making VisiBroker a leading deployed and adopted ORB in the computer industry.
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WRITTEN BY Secretary's Office (C) Hitachi, Ltd. 2000. All rights reserved. |