UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
SEPTEMBER 30, 1999
Date of Report
(Date of earliest event reported)
NOVELL, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-13351 87-0393339
(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
122 EAST 1700 SOUTH
PROVO, UTAH 84606
(Address of Principal Executive Offices)
801-861-7000
(Registrant's Telephone Number, Including Area Code)
<PAGE>
ITEM 5. OTHER EVENTS
On September 30, 1999, the Registrant and Whittman-Hart, Inc.
("WHITTMAN-HART"), a leading provider of integrated business and technology
solutions for growing and middle-market companies, issued a joint press release
attached as Exhibit 99.1 to announce that (a) the Registrant has agreed to
invest $100 million in Whittman-Hart, and (b) the Registrant and Whittman-Hart
have formed an alliance to jointly develop Novell(R) Directory Services(R)
(NDS(R)) solutions for mid-sized businesses. The information contained in the
press release is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release dated September 30, 1999.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated as of October 13, 1999 NOVELL, INC.
By: /S/ DAVID R. BRADFORD
David R. Bradford
Sr. Vice President, General Counsel
and Corporate Secretary
<PAGE>
INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
99.1 Press Release dated September 30, 1999.
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
SEPT. 30, 1999
NOVELL TO INVEST $100 MILLION IN WHITTMAN-HART TO ACCELERATE DEPLOYMENT OF
DIRECTORY-BASED COMPUTING SOLUTIONS TO GROWING, MID-SIZED BUSINESSES
INVESTMENT IS FIRST STEP IN NOVELL'S STRATEGIC SERVICES INITIATIVE
PROVO, UTAH AND CHICAGO-- SEPT. 30, 1999 -- Novell, Inc. (NASDAQ:NOVL) and
Whittman-Hart, Inc. (NASDAQ:WHIT), a leading provider of integrated business and
technology solutions for growing and middle-market companies, today announced
that Novell will invest $100 million in Whittman-Hart to accelerate the
deployment of Novell(R) Directory Services(R) (NDS(R)) in enterprise and
e-business solutions. This investment and strategic alliance will help meet the
needs of customers in mid-sized businesses for secure, manageable e-business
solutions that span the enterprise and the Internet. The investment is the first
step in a new Novell initiative to expand its partnerships with leading
consulting and systems integrator organizations worldwide.
Under the terms of the investment agreement, Novell will purchase $100 million
worth of Whittman-Hart stock. This investment will represent approximately 6
percent of Whittman-Hart's outstanding capitalization.
In addition, the two companies have formed an alliance to jointly develop
customized NDS solutions for mid-sized businesses. These solutions will
integrate NDS with leading e-business applications such as customer relationship
management, supply chain management, enterprise e-business tools and Enterprise
Resource Planning extended to the Internet. Whittman-Hart will also establish a
Solutions Development Center to train employees on these solutions and
demonstrate them to customers. Whittman-Hart will train over 600 consultants in
NDS and related Novell solutions, including qualification of these consultants
as Novell Certified Directory EngineersSM.
"We invested in Whittman-Hart to drive the growth of directory-based solutions
that are becoming critical to the way information is managed and accessed in a
networked world," said Dr. Eric Schmidt, Novell Chairman and CEO. "This
agreement is an important component in an ongoing series of Novell strategic
investments and alliances that are speeding the deployment of directory
solutions worldwide. The combination of Novell's networking expertise, along
with Whittman-Hart's solutions expertise, will meet the needs of customers in
mid-sized businesses for more efficient and secure management of their business
networks and the Internet."
"Whittman-Hart clients are using e-business technologies to extend their
enterprises and better manage relationships with customers, employees, and
suppliers," said Robert Bernard, Whittman-Hart Chairman and CEO. "The solutions
we develop based on NDS represent a huge opportunity for our clients to better
manage their private networks and Internet security."
NDS, Novell's industry-leading full-service directory, provides centralized
network management and security that reduces the cost and complexity of
deploying mission-critical applications on heterogeneous business networks and
the Internet. Novell is pursuing investment opportunities in consulting and
services companies around the world focused on specific application areas
supported by NDS, including customer relationship management, supply chain
management and e-business.
Novell and Whittman-Hart have executed a definitive agreement, and each
company's Board of Directors has voted to approve the investment and alliance.
Novell and Whittman-Hart expect to close the agreement by November 1999,
following government approval under the Hart-Scott-Rodino Act.
ABOUT NOVELL
Novell, Inc. is the world's leading provider of directory-enabled networking
software. Novell solutions give businesses total control of their private
networks and the Internet, simplifying the management of user access and
identity. Novell's worldwide channel, consulting, developer, education and
technical support programs are the most extensive in the network computing
industry. For information on Novell's complete range of products and services,
contact Novell's Customer Response Center at (888) 321-4CRC (4272), or visit
Novell's Web site at HTTP://WWW.NOVELL.COM.
ABOUT WHITTMAN-HART
Headquartered in Chicago, Whittman-Hart helps clients improve marketplace
performance through the strategic use of information technology. In 1999,
FORTUNE ranked Whittman-Hart as one of America's Fastest-Growing Companies. In
1998 and 1997, Forbes named Whittman-Hart one of the 200 Best Small Companies in
America. In 1998, Standard & Poor's added the Company to its S&P SmallCap 600
Index.
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Whittman-Hart has approximately 3,700 employees in 21 branch offices throughout
the United States and the United Kingdom. Its Web site is WWW.WHITTMAN-HART.COM.
###
Novell, NDS and Novell Directory Services are registered trademarks, and Novell
Certified Directory Engineer is a service mark of Novell, Inc. in the United
States and other countries. All third-party trademarks are the property of their
respective owners.
NOVELL PRESS CONTACTS:
Jonathan Cohen
Novell, Inc.
Phone: (408) 967-7268
Internet: [email protected]
Katie Hogan
Cunningham Communications
Phone: (650) 858-3760
Internet: [email protected]
WHITTMAN-HART PRESS CONTACTS:
Dean Dranias
Whittman-Hart, Inc.
Phone: (312) 602-6155
Internet: [email protected]
Marnie Gordon
Edelman Publications
Phone: (312) 240-2633
Internet: [email protected]
