RealTime IT News

Today's Deals: Hocus Pocus, InfoSpace Buys Locus

Allaire + Kawa Java, C-bridge Internet Solutions + BEKK Consulting A/S, I-many + ChiCor Information Management, InfoSpace + Locus Dialogue, Network Systems International + interLAN Communications, On2.com + Eight Cylinder Studios, VerticalNet + SierraCities











 Allaire (ALLR) acquires Kawa Java unit

 

   *  Amount:         $9 million

 

   *  Terms:            100% cash
 

   *  Premium:        n/a

 

   *  Industry:        Performance software

 

   *  Scorecard:      B-

 


    WASHINGTON, Nov. 6--Allaire Corporation , a provider of software for companies building their business on the Web, announced that it has acquired the critically-acclaimed Kawa Java integrated development environment (IDE) from Tek-Tools.With more than 30,000 paid licensees, Kawa is a widely adopted IDE for Java programming and its addition to the Allaire Business Platform is expected to give Allaire the ability to offer customers powerful visual tools for building advanced web applications on the industry-standard J2EE platform. The deal is valued at $9 million in cash.