The Lotus-Eaters -- Remember when the aborted Microsoft-Intuit merger - valued at over $2 billion - would have been the largest such deal in the history of the computing industry? No more! IBM today announced a $60 per share bid to take over Lotus Development Corporation. If the deal goes through it would be valued at approximately $3.3 billion, and IBM indicates it intends to pay for the purchase from "cash on hand." Lotus has resisted tight ties with IBM in the past, and this takeover bid has been characterized as "potentially hostile, IBM pursuing legal action to prevent Lotus from using a "poison pill" anti-takeover strategy. As of mid-morning, Lotus stock was up more than 25 points, with a volume over 10 million shares. [GD]
Always Show Recipient In iChat
In iChat under Snow Leopard, choosing View > Always Show Recipient Bar puts a buddy's status message and color at the top of any iChat window. It can also be used to select among multiple open iChat logins you have to send a message to that buddy, or to select among multiple accounts you have registered in Address Book for that buddy.
- IBM's Been Taking Notes (12 Jun 95)