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January 23, 1997updated 05 Sep 2016 1:00pm

NEW CHIEF EXPECTED AT NOVELL AS THE COMPANY REFOCUSES

By CBR Staff Writer

Novell Inc has supposedly got a short list of chief executive officer candidates together and will hire one within six months. It expects to make an announcement by the end of the quarter. Within two years the company expects its revenue mix to be 40% operating systems, 20% distributed services, 20% groupware, 10% management, and 10% services. The current revenue mix is $1bn in operating systems, $100m in management, $100m groupware and $100m services. The company has around $1bn in cash after the repurchasing of shares.

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