A US court has rejected an attempt to block Computer Associates' $1.2 billion acquisition of Cheyenne Software, paving the way for completion of the deal.
Computer Associates said about 37.75 million shares, representing nearly 100 per cent of Cheyenne's outstanding common stock, had been tendered but that the merger would be unlikely to happen before the end of November.
Meanwhile, Cheyenne will next week unveil a suite of back-up and virus protection software for groupware messaging systems. The protection suite will include the company's Arcserve 6 and Back-up Agent; Inoculan 4 and Antivirus Agent; and an antivirus single-user client for Microsoft Exchange Server, Lotus Notes for Windows NT and Novell Groupwise for Netware.
The Exchange and Notes versions cost #2,495 and will be available to resellers next week with a Groupwise version available in the first quarter 1997. A protection suite for Lotus Notes on OS/2 will be available in December for $1,295.
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