Sun-Netscape Intro i-Planet Brand - InformationWeek
IoT
IoT
News
News
7/21/1999
04:37 PM
50%
50%

Sun-Netscape Intro i-Planet Brand

The Sun Microsystems-Netscape alliance moved to clarify its position in the market today by saying it will rename its products under the i-Planet brand. The venture, which is jointly operated by Sun and America Online's Netscape division, will gradually rename existing and new products such as its application, directory, and messaging servers.

"The whole point behind launching a product brand ... is to give some distinctive position to what we do," said Mark Tolliver, president of the alliance. "I-Planet is our brand name." The alliance hopes this step will remove the considerable confusion in the marketplace about the convergence of the Sun and Netscape products and technologies.

Revenue for the alliance was $128 million for the quarter ended June 30, says J. Michael Kelly, CFO at America Online, which reported its financial results yesterday. AOL beat Wall Street's expectations and reported net earnings of $156 million on revenue of $1.4 billion for the company's fourth quarter ended June 30. Earnings per share were 13 cents a share, compared with 5 cents a share a year ago. Analysts had anticipated earnings of 11 cents a share.

The AOL membership machine continued to chug along, as it added 755,000 users in the quarter and 5 million customers in the past year. The company has said recently that it expects to get much of its future growth overseas, but most of the fourth-quarter growth occurred in the United States as the company pulled back on some overseas promotions and wrestled with new competitors in Britain that are offering free Internet access. AOL responded this week by announcing its own free Internet-access service in Britain called Netscape Online.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll