Centura Software Corp will concentrate on embedded databases and development tools from now on as a result of the collapse of its proposed acquisition of InfoSpinner Inc (CI No 3,154). And to add insult to injury, the distribution agreement InfoSpinner still had with Centura for its ForeSite web development tool has been terminated and negotiations will not carry on. The changes will see Redwood Shores, California-based Centura halting its ForeSite business altogether. It had announced version 2.0 of the product back in March (CI No 3,118). Centura changed its name from Gupta Corp after financial problems and the departure of co-founder Umang Gupta last year. The InfoSpinner purchase and the introduction of ForeSite was supposed to herald a new start for the company. Centura will now look towards its embedded databases and development tools, which it claims account for some 98% of its revenues anyway, and where it competes with Sybase Inc and Borland International Inc. The decision to terminate the distribution agreement was a mutual one on the part of both companies, according to Centura senior vice president of world wide sales Mike Moore, who says the company found that the legacy enabling internet market has not evolved as fast as predictions suggested, and says its channel customers were having trouble with ForeSite.
Content from our partners
