Re: [cobalt-users] Fwd: [cobalt-pr] Microsoft Acquires Cobalt Networks

["Brenda Fuller" <bfuller@xxxxxxxxxxxxxxx>]

So I guess Cobalt "gave" this to Microsoft because they like them so much.
The only thing I see missing is what Microsoft paid to acquire Cobalt
Networks :)

Good one!

Brenda

> -----Original Message-----
> From: cobalt-users-admin@xxxxxxxxxxxxxxx
> [mailto:cobalt-users-admin@xxxxxxxxxxxxxxx]On Behalf Of Paul Schreiber
> Sent: Saturday, April 01, 2000 1:55 PM
> To: cobalt-users@xxxxxxxxxxxxxxx
> Subject: [cobalt-users] Fwd: [cobalt-pr] Microsoft Acquires Cobalt
> Networks
>
>
> Microsoft Acquires Cobalt Networks, an Innovator in Server Appliance
> Technologies
> Company Will Focus on Expanding Internet Server Capabilities for Microsoft
> Platforms
>
> REDMOND, Wash. -- April. 1, 2000 -- Committed to making Internet servers
> powerful and easy to use, Microsoft Corp. today announced it has acquired
> Cobalt Networks Inc., a worldwide leader of server appliances. Cobalt
> Networks's proven expertise in open source and Internet technologies will
> complement Microsoft's ongoing efforts to facilitate Internet-enabled
> applications, promote Windows technologies and specifically advance
> server-based solutions.
>
> Cobalt Networks's engineering team will help Microsoft enhance its
Internet
> server application programming interface (ISAPI), a reliable, open set of
> network APIs for Internet server application developers. With ISAPI,
> developers are able to use a rich programming model that utilizes
Component
> Object Model (COM) to more easily develop Internet-enabled applications,
> while customers benefit from a broad choice of customized software
> applications provided by various third-party speech vendors.
>
> Cobalt Networks is best known for its industry-leading server appliances,
> including the RaQ, Qube and NasRaQ. "We're excited that Microsoft shares
our
> vision for providing server appliances everywhere and make it ubiquitous
for
> all types of users," said Stephen DeWitt, president and CEO, Cobalt
> Networks,
> Inc.
>
> "Cobalt Networks brings expertise and an established track record in
> developing and shipping world-class server appliances and development
> toolkits," said Steve Ballmer, President of Microsoft. "The Cobalt
Networks
> team will help us broaden our ISAPI effort to include server appliance
> scenarios and begin integrating that knowledge into existing Microsoft
> products."
>
> Most of Cobalt Networks's engineering employees currently based either in
> the
> Mountain View, California headquarters will either relocate to Redmond or
> continue to work in the Mountain View office. Patrick J. Conte, Cobalt
> Networks's vice president of sales, will stay on board for a limited time
to
> assist with customer transition issues. Mark Orr and Kelly Herrell will
> pursue other opportunities.
>
> The Cobalt Networks acquisition is part of Microsoft's long-term
commitment
> to delivering server appliance technology in Microsoft products. Over the
> past several years, Microsoft has made significant investments in building
> world-class development teams, opening research efforts worldwide, and
> working with other leading companies such as eShop, Inc.
>
> About Microsoft
> Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in
> software for personal and business computing. The company offers a wide
> range
> of products and services designed to empower people through great
software -
> any time, any place and on any device.
>
> About Cobalt Networks
> Founded in 1996, Cobalt Networks, Inc. (Nasdaq "COBT") is a developer of
> server appliances that enable organizations to establish an online
presence
> easily, cost effectively, and reliably. Cobalt's product lines are used as
> Internet and Web hosting server appliances at businesses, Internet Service
> Providers, and educational institutions.
>
> Microsoft and Windows are either registered trademarks or trademarks of
> Microsoft Corp. in the United States and/or other countries.
>
> Cobalt Networks, Cobalt Qube, Cobalt Cache and Cobalt RaQ are trademarks
of
> Cobalt Networks, Inc.
>
> All other product names are trademarks of their respective owners.
>
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