GLOVIA to be Resuscitated (Hopefully)
P.J. Jakovljevic - April 5, 2000

Event Summary

In February, Fujitsu Limited announced its intention to acquire 100% ownership of GLOVIA International LLC, a California-based provider of business applications, e-commerce solutions, advanced technology, and world-class services for the digital marketplace, in which it currently holds a 30.5% interest. Based on a recently signed Memorandum of Understanding and subject to standard transaction closing conditions, Fujitsu intends to acquire by April 2000 the outstanding 69.5% interest in GLOVIA International now held by UK-based MDIS...