Aladdin Systems Goes Public -- In an unusual event in the Macintosh industry, Aladdin Systems, makers of the StuffIt family of compression products and numerous other Mac utilities, has gone public via a "reverse merger," which involves a private company merging with a dormant public company so its shares can be traded on public stock exchanges. Reverse mergers are generally easier, less expensive, and result in less-diluted stock than IPOs (initial public offerings). Aladdin Holdings, Inc., the parent company of which Aladdin Systems, Inc. is now a wholly owned subsidiary, is listed under the ticker symbol ALHI and currently trading at about $5 per share. Going public should increase Aladdin's valuation, give them greater access to capital, and enable them to use stock to acquire other products or companies - a strategy Aladdin has used of late to increase its product lineup. [ACE]
Mighty Mouse as Application Switcher
Looking for an easier way to switch between multiple applications? Within Keyboard and Mouse Preferences under System Preferences, you can configure the scroll wheel to act as an Application Switcher. Press the scroll button to bring up Application Switcher, scroll to toggle to the application you want, and hit the scroll button again to switch. You can also double-click the scroll button to quickly switch to the previously active application.
Visit plucky tree
- Aladdin Purchased, Becomes Allume, Sponsors TidBITS (16 Aug 04)
- Aladdin Systems Sponsoring TidBITS (06 Dec 99)