Novell has delved into its Internet Equity Fund kitty and invested in five network software companies.
The full $50 million fund is channelled into firms that develop Java applications that run on Novell's Netware operating system and support Novell Directory Services (NDS). The recipients are usually up and coming companies in their first or second rounds of financing.
In return Novell gains minority equity positions within the firms. The five are: Encommerce, Net Objects, Object Space, Oblix, and Orbital Technologies.
Encommerce plans to integrate its Get Access product with NDS, as the basis for Web access management controls; while Novell already bundles Net Objects' Fusion Web authoring tools with Netware for small businesses version.
Also integrated with NDS will be Object Space's 100 per cent Java object request broker, while Oblix' CSA product will support NDS to improve productivity for desktop users. Orbital Software Organik Persona Server draws on information within NDS to create user profiles.
Novell has already invested in a number of firms: Evergreen Internet; Chandler; Global Cast Communications; Net Pro; and Net Vision. The networking giant already pumps money into companies via the Java Fund and is in discussions with a number of venture capital firms.
Insecticides based on sulfoxaflor might be as bad for bees as neonicotinoids
Intel teases forthcoming new graphics card accompanied by the text "We will set our graphics free"
Think your password manager is completely secure? Think again...
ARM plans 7nm 'Deimos' for 2019 and 5nm and 7nm 'Hercules' for 2020