Novell will be hitting the acquisition trail this year, senior managers hinted at Brainshare last week.
With $1.1 billion (#688 million) in the bank, the company is rich enough to go on a substantial buying spree this year. Recently, Novell has been more notable for shedding acquisitions. The company sold its Unix business and Word-Perfect division early last year.
Denice Gibson, senior vice president in charge of Internet products, said the company would be looking at acquisitions to "grow Novell's brainpower".
"We're not interested in buying large companies - we want to find technological resources," she explained.
Chief technology officer Glenn Ricart confirmed Novell will be looking at acquisitions in the audio/video field. "There are lots of companies in the collaborative audio/video market that might make attractive purchases," he said. "And there are companies on the network software side, for example in subscribe technologies (similar to push technologies).
"We are also looking at technological acquisitions in the Java area," he added.
Novell lost some of its brainpower last month when part of its 30-strong Wolf Mountain development team left to set up a separate company, also concentrating on clustering technology and also called Wolf Mountain.
Novell is now involved in a legal dispute with the startup, which has been forced to change its name to the Timpanogas Research Group.
Gibson played down the impact of the departures. "That was three people in a research and development division of 3,000 - it's not significant," she said.
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