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Home > Company Index > Computer Software & Services > Corporate, Professional & Financial Software > Lotus Development Corporation

Lotus Development Corporation
 NEWS FROM THE STANDARD
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Jul 26 2001 11:06 AM PDT

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Jul 18 2001 05:20 PM PDT

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Intel Launches WLAN Module for Palm
Jun 26 2001 04:42 PM PDT

IBM's Wireless IM Ready for Business
Jun 18 2001 02:29 PM PDT

 PROFILE
Lotus is trying to hold its position. Lotus Development, a subsidiary of IBM, is the pioneer spreadsheet developer of Lotus 1-2-3 and one of the world's top software vendors. With more than 78 million users, communication and collaboration software Lotus Notes is the industry standard for business intranets. Other products include messaging applications (Domino), desktop office productivity tools (SmartSuite), Web-based learning software (LearningSpace), and real-time collaboration software (Sametime). The company also offers consulting, support, and training services. Market pressure has caused Lotus to cut jobs, and parent IBM has tightened its control over the unit.

 COMPETITION
Hummingbird Ltd. (HUMC)
Microsoft Corporation (MSFT)
Open Text Corporation (OTEX)

 DEALS
Deal: Network Appliance Expands Partnership With Lotus
Date Announced: 05.02.01
Value of transaction (US $Mil): Not Disclosed
Description: Content delivery ASP and software vendor ally for new server storage product.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 1,400.00
1-Yr. Sales Growth: (2.4)%
Employees: 8,183
Revenue per employee: $171,086.40

 KEY PEOPLE
• Al Zollar
    CEO
• Karen Fukama
    CFO

 CONTACT INFO
55 Cambridge Pkwy.
Cambridge, MA 02142
US
Phone: 617-577-8500
Fax: -
Online: Web Site

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