Netscape to Acquire Kiva Software



Acquisition Positions Netscape to Become a Leading Provider Of

Enterprise Application Server Software For Intranets, Extranets and The

Internet



Nov 24, 1997, 00:00 ET from Netscape Communications Corporation

    MOUNTAIN VIEW, Calif. Nov. 24 /PRNewswire/ -- Netscape Communications
 Corporation (Nasdaq:   NSCP) today announced it plans to acquire Kiva Software
 Corporation.  The deal will make Netscape a leading provider of application
 server software for enterprise-class Intranet, Extranet and Internet
 applications.  Upon completion of the transaction, Netscape plans to offer
 Kiva's application server software to Netscape customers developing and
 deploying business-critical applications that reach beyond the company to
 include partners, customers and suppliers.  Netscape plans to sell Kiva's
 leading line of server software through Netscape's direct and indirect sales
 channels worldwide.
     Founded in 1995, Mountain View, California-based Kiva Software is a
 privately held company with more than 100 employees.  With the acquisition,
 Netscape intends to issue approximately 6.3 million shares of Netscape stock,
 subject to adjustment, to purchase 100 percent of Kiva stock and options and
 anticipates that the acquisition will be accounted for as a pooling of
 interests.  Netscape expects the transaction will close in the fourth quarter
 of 1997, subject to customary approvals.  Netscape plans to fold Kiva into
 Netscape's server products division headed by senior vice president and
 general manager John M. Paul.
     "Netscape's acquisition of Kiva provides an important strategic
 technology for linking people and businesses together through Intranets,
 Extranets and the Internet," said Jim Barksdale, president and chief
 executive officer at Netscape.  "Building on our success selling Intranet
 solutions, Netscape plans to become the leading provider of enterprise-class
 application server software so customers can extend their corporate Intranet
 applications out to customers, suppliers, distributors, and partners via
 Extranets and realize additional business advantages."
     "Kiva's mission is to enable Global 2000 companies to pursue new
 business opportunities by extending their enterprise software applications out
 to the Internet," said Keng Lim, president and chief executive officer of
 Kiva.  "As part of Netscape, we intend to fully realize that mission by
 delivering, through Netscape's worldwide sales channels, the industry's
 fastest and most scalable enterprise application server to businesses around
 the globe."
     Major customers in the telecommunications, financial services and
 electronic commerce markets are already using a combination of Netscape
 SuiteSpot server software and Kiva software to deliver a real business
 advantage.  Companies including E-Trade, Travelocity, Internet Shopping
 Network, Hong Kong Telecom and Pacific Bell Internet are using Netscape
 SuiteSpot and Kiva's application server software to develop and deploy
 business-critical Intranet and Extranet applications. Together, Netscape and
 Kiva are enabling companies to differentiate their products and services,
 strengthen customer relationships, speed time to market, save money and expand
 business opportunities.
     Last week, Kiva won PCWeek's Best of Comdex award for "Best Internet
 Software" at Comdex '97, the leading computer industry trade show. Kiva
 was also recently selected by the Red Herring, Computerworld and Data
 Communications as one of the industry's top privately held technology
 companies.  Kiva's resources together with Netscape's significant
 resources in the server products division strongly position Netscape to lead
 the application server market.  Netscape's acquisition of Kiva will add
 leading application server software to Netscape(R) ONE, Netscape's platform
 for building, deploying and managing next generation Intranet, Extranet and
 Internet applications.
     Kiva's application server software complements Netscape's leading line
 of Web server software and will enable Netscape to provide customers
 with a range of products for Web-based applications that scale from the
 workgroup to the extended enterprise.  Netscape Enterprise Server is an
 industrial-strength Web server that enables the development and
 deployment of collaborative workgroup applications that combine content,
 messaging and database access.  Kiva's enterprise application server
 software provides a fundamental infrastructure for Global 2000 companies,
 systems integrators and value-added resellers implementing business-critical
 Intranet, Extranet and Internet applications where performance, scalability,
 availability and rapid deployment are critical to achieving business
 objectives.
     Kiva's application server version 1.5 is available today from Kiva.
 Pricing for the product is US $35,000 per processor on UNIX and US $25,000 per
 processor on Windows NT.  Kiva's application server 2.0 is scheduled for
 availability in December 1997.  Upon closing of the acquisition, the products
 are expected to be available through Netscape's sales channels.
     Netscape Communications Corporation is a premier provider of open
 software for linking people and information over enterprise networks and the
 Internet.  The company offers a full line of clients, servers, development
 tools and commercial applications to create a complete platform for
 next-generation, live online applications.  Traded on Nasdaq under the symbol
 "NSCP," Netscape Communications Corporation is based in Mountain View,
 California.
     NOTE:  Netscape, Netscape Navigator, Netscape ONE and the Netscape N and
 ships wheel logo are registered trademarks of Netscape Communications
 Corporation which is registered in the United States and other jurisdictions.
 Netscape product names are trademarks of Netscape Communications Corporation
 which may be registered in some jurisdictions.  Additional information on
 Netscape Communications Corporation is available on the Internet at
 http://home.Netscape.com or by sending email to moreinfo@netscape.com.
 Corporate customers can call 415-937-2555 while consumers can call
 415-937-3777 for more information.
     For more information please visit Kiva's web site at
 http://kivasoft.com.
 
 

SOURCE Netscape Communications Corporation
    MOUNTAIN VIEW, Calif. Nov. 24 /PRNewswire/ -- Netscape Communications
 Corporation (Nasdaq:   NSCP) today announced it plans to acquire Kiva Software
 Corporation.  The deal will make Netscape a leading provider of application
 server software for enterprise-class Intranet, Extranet and Internet
 applications.  Upon completion of the transaction, Netscape plans to offer
 Kiva's application server software to Netscape customers developing and
 deploying business-critical applications that reach beyond the company to
 include partners, customers and suppliers.  Netscape plans to sell Kiva's
 leading line of server software through Netscape's direct and indirect sales
 channels worldwide.
     Founded in 1995, Mountain View, California-based Kiva Software is a
 privately held company with more than 100 employees.  With the acquisition,
 Netscape intends to issue approximately 6.3 million shares of Netscape stock,
 subject to adjustment, to purchase 100 percent of Kiva stock and options and
 anticipates that the acquisition will be accounted for as a pooling of
 interests.  Netscape expects the transaction will close in the fourth quarter
 of 1997, subject to customary approvals.  Netscape plans to fold Kiva into
 Netscape's server products division headed by senior vice president and
 general manager John M. Paul.
     "Netscape's acquisition of Kiva provides an important strategic
 technology for linking people and businesses together through Intranets,
 Extranets and the Internet," said Jim Barksdale, president and chief
 executive officer at Netscape.  "Building on our success selling Intranet
 solutions, Netscape plans to become the leading provider of enterprise-class
 application server software so customers can extend their corporate Intranet
 applications out to customers, suppliers, distributors, and partners via
 Extranets and realize additional business advantages."
     "Kiva's mission is to enable Global 2000 companies to pursue new
 business opportunities by extending their enterprise software applications out
 to the Internet," said Keng Lim, president and chief executive officer of
 Kiva.  "As part of Netscape, we intend to fully realize that mission by
 delivering, through Netscape's worldwide sales channels, the industry's
 fastest and most scalable enterprise application server to businesses around
 the globe."
     Major customers in the telecommunications, financial services and
 electronic commerce markets are already using a combination of Netscape
 SuiteSpot server software and Kiva software to deliver a real business
 advantage.  Companies including E-Trade, Travelocity, Internet Shopping
 Network, Hong Kong Telecom and Pacific Bell Internet are using Netscape
 SuiteSpot and Kiva's application server software to develop and deploy
 business-critical Intranet and Extranet applications. Together, Netscape and
 Kiva are enabling companies to differentiate their products and services,
 strengthen customer relationships, speed time to market, save money and expand
 business opportunities.
     Last week, Kiva won PCWeek's Best of Comdex award for "Best Internet
 Software" at Comdex '97, the leading computer industry trade show. Kiva
 was also recently selected by the Red Herring, Computerworld and Data
 Communications as one of the industry's top privately held technology
 companies.  Kiva's resources together with Netscape's significant
 resources in the server products division strongly position Netscape to lead
 the application server market.  Netscape's acquisition of Kiva will add
 leading application server software to Netscape(R) ONE, Netscape's platform
 for building, deploying and managing next generation Intranet, Extranet and
 Internet applications.
     Kiva's application server software complements Netscape's leading line
 of Web server software and will enable Netscape to provide customers
 with a range of products for Web-based applications that scale from the
 workgroup to the extended enterprise.  Netscape Enterprise Server is an
 industrial-strength Web server that enables the development and
 deployment of collaborative workgroup applications that combine content,
 messaging and database access.  Kiva's enterprise application server
 software provides a fundamental infrastructure for Global 2000 companies,
 systems integrators and value-added resellers implementing business-critical
 Intranet, Extranet and Internet applications where performance, scalability,
 availability and rapid deployment are critical to achieving business
 objectives.
     Kiva's application server version 1.5 is available today from Kiva.
 Pricing for the product is US $35,000 per processor on UNIX and US $25,000 per
 processor on Windows NT.  Kiva's application server 2.0 is scheduled for
 availability in December 1997.  Upon closing of the acquisition, the products
 are expected to be available through Netscape's sales channels.
     Netscape Communications Corporation is a premier provider of open
 software for linking people and information over enterprise networks and the
 Internet.  The company offers a full line of clients, servers, development
 tools and commercial applications to create a complete platform for
 next-generation, live online applications.  Traded on Nasdaq under the symbol
 "NSCP," Netscape Communications Corporation is based in Mountain View,
 California.
     NOTE:  Netscape, Netscape Navigator, Netscape ONE and the Netscape N and
 ships wheel logo are registered trademarks of Netscape Communications
 Corporation which is registered in the United States and other jurisdictions.
 Netscape product names are trademarks of Netscape Communications Corporation
 which may be registered in some jurisdictions.  Additional information on
 Netscape Communications Corporation is available on the Internet at
 http://home.Netscape.com or by sending email to moreinfo@netscape.com.
 Corporate customers can call 415-937-2555 while consumers can call
 415-937-3777 for more information.
     For more information please visit Kiva's web site at
 http://kivasoft.com.
 
 SOURCE  Netscape Communications Corporation

RELATED LINKS

http://www.netscape.com