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In brief: Novell buys into Netware-friendly Internet companies

By Dominic Maher

Published: 5 August 1998 10:47 BST

Novell has dipped into its $50m Internet Equity Fund to invest $10m into four emerging Internet and enterprise software companies in exchange for minority equity positions.

Evergreen Internet, Chandler, GlobeCast Communications and NetPro Computing are all US-based and were selected due to their use of Novell's NetWare 5 network server.

Half the $50m has been set aside for investment into companies offering applications, tools and utilities that take advantage of Novell Directory Services.
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