Bull Creates New Subsidiary - Evidian - to Accelerate Growth as Provider of Secure Management Software for e-Business.Business/Technology Editors BILLERICA Billerica (bĭlrĭ`kə), town (1990 pop. 37,609), Middlesex co., NE Mass., on the Concord River; settled 1637, inc. 1655. An important high-tech center, its manufactures include computer hardware and software, precision instruments, and , Mass.--June 27, 2000-- Evidian, formerly BullSoft software division of Bull, is now separate company under Bull majority ownership Bull, an international IT group based in Europe Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). , today at a Paris press conference introduced a new worldwide subsidiary -- Evidian -- focused on delivering market-leading secure e-infrastructure management solutions. Building on the success of BullSoft, Bull's worldwide software division, Evidian is the culmination of a two-year effort by Bull to create a separate, independent and fast-growing adj. 1. tending to spread quickly; - used mostly of plants.Adj. 1. fast-growing - tending to spread quickly; "an aggressive tumor" strong-growing, aggressive software company. Evidian, headquartered in Billerica, Mass., is an Internet-focused software company that enables customers to successfully deploy e-business strategies. With full research, development and marketing resources, it begins "start-up Start-up The earliest stage of a new business venture. " operations with more than $60 million in annual revenue, over 600 brand name customers, 70-plus partners and more than 400 employees. Evidian is led by an international management team, with BullSoft President Henry Ancona continuing as president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and retaining his executive staff. The new company is based in the U.S., hub of the world's software industry, with R&D in France and sales and service operations worldwide. "The new company's products help increase productivity, security and effectiveness of e-business," Ancona said. "Evidian's products and services secure and unify 1. (database, product) Unify - A relational database produced by Unify Corporation. 2. (algorithm) unify - To perform unification. `bricks and clicks' infrastructures to help corporations do business with full confidence in the Net Economy." Evidian plans to accelerate growth through strategic equity-based alliances, which will drive new channels and products while helping to attract and retain top international talent. Meanwhile, Bull will remain the majority owner, and will continue to invest heavily in Evidian (including more than $25 million in R&D in 1999 alone). Bull regards the new company as a key element in its global "net.confidence" e-business strategy. Evidian's market success and large customer base is built on the advanced technology of its award-winning products. These products -- AccessMaster(R), OpenMaster(R) and OpenMaster for Telecom - are designed to help large organizations in finance, government, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and manufacturing to secure and manage their complex Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , enterprise and services-based application environments with total confidence and optimal time to value. "Bull had decided more than two years ago to form a separate company to focus on delivering secure Internet solutions to help enterprises and administrations make the transition to e-business," said Guy de Panafieu, Bull's chairman and CEO. "With the OpenMaster family of products already developed by Bull and successfully introduced to the marketplace, the next step in our strategy was to run the business on a true independent software vendor (ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. ) model, which we have accomplished. The success of this venture has made it possible to realize our goal of creating Evidian, a fully independent software company under the Groupe Bull Groupe Bull (also known as Bull Computer or simply Bull) is a French computer company based in Les Clayes-sous-Bois, outside Paris. The company has also been known at various times as Bull General Electric, Honeywell Bull, CII Honeywell Bull umbrella." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. de Panafieu, establishing Evidian as a subsidiary: -- Reinforces Bull's "net.confidence" offer and strategy and strengthens Bull's market position as an independent software vendor (ISV). -- Helps to extend Bull's channels and technologies by allowing potential partners to take equity positions in Evidian. -- Helps to retain and attract top international talent in the software industry. -- Rewards customers with the best of both worlds: a leading ISV backed by a large IT group. "Start-up" Evidian Poised for Success Bull created its worldwide software division in March 1998. Since then, the business has become increasingly better focused and has grown rapidly. The number of partners and customers has increased and, under a strong and experienced management team, led by Henry Ancona, the operating mode of the business became that of a software company. "Evidian is a secure e-infrastructure management software company with leading products and a tier-one customer list in Europe, Asia and, increasingly, in the U.S.," said Henry Ancona, Evidian president & CEO. "Evidian benefits from Bull's prior investments and strong international resources. It has the development teams, expertise and technology that have already proven successful in meeting customer needs in the new IT environment. Our vision is to enable organizations to do business with full confidence in the Net Economy. Our current products do that today better than any other vendor's, and we will be announcing more innovative solutions in the weeks and months to come to meet the evolving needs of our customers." About Evidian Evidian is a leading vendor of secure e-infrastructure management software for enterprises (OpenMaster), for service providers and carriers (OpenMaster for Telecom), and e-infrastructure and Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. management software (AccessMaster) for organizations of all kinds. Based in Billerica, Mass., Evidian has research and development, sales, marketing, and service operations in the U.S., Europe, and Asia. More information on Evidian and its products is available via www.Evidian.com, via email at info@Evidian.com or by calling toll-free at. 1-800-5Evidian. About Bull Bull is an international IT group that operates in more than 100 countries. In 1999, the company earned revenues of $4.3 billion, with over 65% outside of France, its country of origin. Bull's strategy is focused on the Internet and electronic business in three key domains: solutions with consulting and systems integration; infrastructure including Internet-ready enterprise systems, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. and software for secure infrastructure management; and managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality for Intranets and e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. sites and marketplaces. For more information, visit Bull's Web site: www.bull.com OpenMaster and AccessMaster are registered trademarks of Evidian in France, the U.S. and other countries. All trademarks, service marks and company names are the property of their respective owners. |
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