BBJ Computers Pty, the Melbourne, Australian author of the Today applications generator, is seeking to sell off its technology, following the breakdown of attempts to set up a friendly takeover bid from Australian companies Vertical Software Holdings Pty and Trilogy Business Systems Pty. Computerworld Australia reports that BBJ has placed itself under the control of a mortgagee-in possession – effectively a receiver – due to lack of funds, with daily financil flows now being controlled by accountants Deloitte, Haskins and Sells. BBJ gained a listing on the Sydney Stock Exchange in 1986 in an $Aus2.3m public float. Managing director Max Nicholls said the most likely outcome was that BBJ would be split in half, with each of its major divisions going to a separate buyer – with most interest being centered on the division that handles Today. Today is distributed in the UK by Parsoft Ltd, over in Redhill, Surrey.
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