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  September 5, 2001
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Home > Company Index > Computer Software & Services > Development Tools, OS & Utility Software > MERANT plc

MERANT plc
Nasdaq: MRNT
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 PROFILE
Formerly a bridge over troubled mainframe waters, MERANT is facing a transformation crisis of its own. MERANT makes software development tools that bridge the gap between the mainframe and client/server generations, including applications that preserve older COBOL code when companies upgrade their networks. MERANT offers mainframe application development tools, data integration services, software development and testing, data integration, and consulting services. Despite attempts to leverage its core software into the e-commerce arena with its Egility software and services, slumping sales of its COBOL-related services have led to widening losses, raising the possibility of the sale of the company. MERAT is selling its MERANT Micro Focus business.

 COMPETITION
Allen Systems Group, Inc. (dossier)
BEA Systems, Inc. (BEAS)
Computer Associates International, Inc. (CA)

 DEALS
Deal: NetObjects Sells Enterprise Division to Merant
Date Announced: 01.09.01
Value of transaction (US $Mil): 18
Description: Solutions provider sells its enterprise division to software solutions developer for $18 million in cash.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: April
2001 Sales (mil.): 309.00
1-Yr. Sales Growth: (15.4)%
Employees: 2,000
Revenue per employee: $154,500.00

 KEY PEOPLE
• Gary Greenfield
    CEO
• Ken Sexton
    CFO

 CONTACT INFO
The Lawn, 22-30 Old Bath Rd.
Newbury Berkshire RG14 1QN, United Kingdom
Phone: 44-1635-32-646
Fax: 44-1635-33-966
Online: Web Site

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