 Monday, June 30, 2008
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Oddly enough while attending my niece's soccer game in Boston last week I ran into my old pal Steph Bacon who runs the engineering team at Iona -- he made mention that there was something afoot but (this was prior to this announcement) couldn't say more:
Progress Software Corporation (NASDAQ: PRGS), a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, and IONA Technologies plc (NASDAQ: IONA), an established supplier of software integration technology, today jointly announced that they have signed a definitive agreement under which Progress Software has agreed to acquire IONA for $4.05 per share in cash.
This is a good match. Congrats to all.
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Apologies to all for a long-ish absence - last week I took a quick vacation in Boston (bringing our new puppy with the rest of the family!).
And speaking of Boston here's an article in today's Globe featuring our long-time pal Reed Sturtevant:
Microsoft is making a big investment in Massachusetts," said Reed Sturtevant, 51, the director of the Boston Concept Development Center, who worked with Ozzie in the 1980s at Lotus Development Corp. and joined Microsoft last fall. He's spent most of his time so far recruiting. "There's a huge amount of talent in Boston," he said, "and the question is, how do you bring new talent into Microsoft?"
Working on cutting-edge research is one draw. While he talked only in general terms about some of the early projects his team is tackling, Sturtevant said one will involve "family ties," adapting social software to help families communicate and interact. The software would run on everything from cellphones to screen savers, and keep track of family members through global positioning satellite technology.
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Gabriel has a great post on this undervalued but essential skill:
Project team members naturally think myopically and avoid contemplating the needs of other team members or groups that depend on their information. Because modeling a Solution Model requires tying all the concepts together across the project team, you can imagine the many challenges to get it adopted by the project team.
Read the whole thing.
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May Jul
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