Not perfect enough.

Software firm Novell, which bought WordPerfect 19 months ago in order to compete head-to-head with Microsoft, has admitted defeat, announcing on October 30, 1995, that it no longer wants to be involved with this type of software and that it is seeking a buyer for WordPerfect. Novell's loss of heart...

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Publicado en:Economist Vol. 337; p. 68
Formato: Artículo
Publicado: Economist Newspaper Limited November 4 1995
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        Microsoft Corp.
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        Word processing software
        Computer software industry
        Mergers & acquisitions
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          Microsoft Corp.
          Novell Inc.
          Word processing software
          Computer software industry
          Mergers & acquisitions
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        Novell Inc. -- Divestiture
        WordPerfect Corporation -- Acquisitions and mergers
      ab: Software firm Novell, which bought WordPerfect 19 months ago in order to compete head-to-head with Microsoft, has admitted defeat, announcing on October 30, 1995, that it no longer wants to be involved with this type of software and that it is seeking a buyer for WordPerfect. Novell's loss of heart is understandable: WordPerfect's share of the word processor market has fallen from almost 70 percent in the late 1980s to less than 20 percent. In the rapidly expanding market for software “suites,” which generally contain a word processor, spreadsheet, and database from the same manufacturer, WordPerfect's share is only 5 percent, compared to Microsoft's 90 percent. The clear lesson of Novell's experience for other software companies is that it is dangerous to take on Microsoft.
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