Quarterdeck Sells StarNine
Quarterdeck has finalized the sale of StarNine Technologies – a Quarterdeck subsidiary that sells WebSTAR, ListSTAR, WebCollage, and other Internet-related products – to Platinum Equity Holdings. The Quarterdeck press release said nothing about StarNine’s reaction to the sale, but we’ve heard that StarNine will be preserved as an independent company, operating with hands-off support from Platinum Equity Holdings. From what we understand, this means the StarNiners have added incentive to ship WebSTAR 3.0 quickly so they can focus on new projects and opportunities provided by Platinum Equity Holdings. In addition, StarNine’s current products have a better chance to flourish now that StarNine has found a home in a more supportive environment.