Andersen Consulting plays name game
As of January 1 next year, Andersen Consulting will be known as Accenture. The name change at the $US8.9 billion firm comes after an arbitration ruling allowed Andersen Consulting to sever ties to its former parent, Andersen Worldwide, and sister accounting firm Arthur Andersen LLP. Under the terms of the ruling, Andersen Consulting was given until December 31 this year to adopt a new name.
Software AG buys back its US distributorGerman software vendor Software AG is buying back its main US distributor in a $US360 million deal. Software AG will pay $11.50 in cash for each outstanding share of Saga Systems, which services some 1500 customers in North America as well as clients in South America, Israel and Japan. Saga, originally a wholly owned subsidiary of Software AG, was spun off in April 1997, when it was sold for a sum estimated at the time at $150 million. It changed its name to Saga in May 1999 to avoid confusion with its former parent company. Software AG said that, following the reacquisition, North American operations will account for some 40 per cent of its worldwide licence and maintenance revenue.
Seagate ships LTO
One of the three founding members of the Linear Tape Open (LTO) standards group, Seagate Technology, has announced its LTO Ultrium drives are ready to ship. The company has also heralded the availability of its LTO media, Ultrium 1 data cartridges. Dubbed Viper 200, Seagate's Ultrium drives have a compressed capacity of 200GB per cartridge, with throughput of around 115.2Gbps. Available in both LVD and HVD SCSI configurations, external versions of the drive will be available in December. Seagate is also planning a 2TB auto-loading library and native Fiber Channel connectivity to its drives from the first half of 2001. Pricing was unavailable at time of press.
BM plans 1T-MIPS Supercomputer
IBM revealed last week it has begun development of a supercomputer that can achieve 1 trillion calculations per second. The announcement came with the appearance of the annual Top 500 list of supercomputer installations. IBM snagged the top spot on the list for its system at Lawrence Livermore National Laboratory in California. IBM also has the biggest commercial supercomputer operation at Charles Schwab in San Francisco. That machine is number 15.