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Gartner Group announces investment in CBT.


STAMFORD, Conn.--(BUSINESS WIRE)--Jan. 19, 1995--Gartner Group Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:GART GART Phosphoribosylglycinamide Formyltransferase/Phosphoribosylglycinamide Synthetase/Phosphoribosylaminoimidazole Synthetase
GART Graphics Address Remapping Table (AGP chipset)
GART Graphics Address Relocation Table
) today announced an agreement in principle to acquire 19.9 percent of CBT (Computer-Based Training) Using the computer for training and instruction. CBT programs are called "courseware" and provide interactive training sessions for all disciplines.  Group plc, a computer-based education and training corporation organized in Ireland.

Additional agreements between the two companies include U.S. and European distribution arrangements and a co-development agreement. CBT is the leading company in the development and sale of interactive IT education, training and software.

Bill McCabe William Francis McCabe (October 28, 1892 in Chicago, Illinois - September 2, 1966 in Chicago, Illinois), was a professional baseball player who played outfielder in the Major Leagues from 1918-1920. He would play for the Chicago Cubs and Brooklyn Dodgers. , chief executive officer of CBT stated, "This agreement with Gartner Group is significant for the IT education industry and will be very positive for the clients of Gartner Group and CBT."

Manny Fernandez, president and chief executive officer of Gartner Group stated "In the next decade, corporate performance will be limited by the ability to implement and effectively utilize all of the technology that will be available. Critical issues to be considered include which technologies to choose, and how to attract, train and retrain re·train  
tr. & intr.v. re·trained, re·train·ing, re·trains
To train or undergo training again.



re·train
 the personnel required to implement these technologies. Gartner Group and CBT's services and products help companies facilitate these strategies."

Gartner Group Inc., based in Stamford, is the leading provider of personal information technology advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
. Gartner Group provides market research, analysis and advisory services to professionals and organizations that use or supply information technology. Founded in 1979, Gartner Group serves more than 14,700 client-members representing more than 4,500 companies and organizations worldwide.

CONTACT: Gartner Group Inc., Stamford

Jennifer L. Schlueter

or John F. Halligan, 203/975-6537
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 19, 1995
Words:243
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