Infrastructure Management Wunderkind Divides And Integrates D. Geller - November 21, 2000
Event Summary
Peregrine Systems (NASDAQ: PRGN) has reorganized itself into two business groups. The new Infrastructure Management Group (IMG) will handle Peregrine's core business, infrastructure resource management. This group will sell and support all solutions relating to asset management, which for Peregrine encompasses the full lifecycle of all complex indirect goods purchased or leased by the corporation. The newer businesses that stem from Peregrine forays into e-business and its acquisition of Harbinger (see Big Bird Dines Again) are collected into the E-Markets Group (EMG), which specializes in e-commerce connectivity, data transformation, catalog creation and management, and portal creation and management. EMG will target itself to four market verticals: automotive, energy, industrial components, and retail and distribution...
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