Andover, Massachusetts-based FTP Software Inc has a letter of intent to acquire the assets of HyperDesk Corp, the object technology pioneer spun out from Data General Corp in 1990 (CI No 1,577) for $10m cash. Hyperdesk, Westborough, Massachusetts, abandoned object request brokers last year, and has been busy turning itself into a developer of personal groupware and workgroup management software. FTP Software will also establish a joint development and marketing relationship with HyperDesk’s principal shareholder, ASCII Corp of Japan. HyperDesk will operate as part of FTP’s New Ventures Business unit, which offers and develops Internet and Intranet applications and developing innovative technologies.
